Crypto hardware wallet users are being targeted in phishing scams that can spike year-on-year losses. Cybersecurity experts have flagged a campaign targeting Ledger and Trezor users, both digital asset hardware wallets that have previously been breached.

Bad Actors Dispatched Fake Letters Via Mail

Several crypto users received letters from scammers posing as official Trezor and Ledger sources. In a post shared on X, Dmitry Smilyanets shared a letter that included QR codes linking to scam sites and a forged signature from Ledger’s CEO.

These letters reached several users as bad actors sought to obtain recovery phrases and other information to move funds. Both letters,…