Scammers have launched a new phishing campaign targeting Ledger users, posing as the company to obtain their sensitive 24-word recovery phrases. These deceptive letters, reminiscent of previous scams, falsely claim wallet restrictions and are meant to exploit user anxiety for personal gain. Cryptocurrency trader Jacob Canfield first noticed the scam and confirmed its legitimacy through Ledger, who explicitly stated they never request such information. The attack leverages trust in legitimate communications to deceive users. This new phishing technique, utilizing physical letters as a digital disguise, adds an unprecedented layer of complexity and underscores vulnerability stemming from past data breaches. 2020’s Ledger breach serves as a reminder for crypto community members to prioritize security vigilance and remain cautious, remembering that Ledger will never contact them via phone or DM to request such information. Experts warn about the potential for wide-reaching financial losses, urging users to prioritize their own security and seek professional advice before making any investment decisions.