Ledger Discord Hack Targets Recovery Phrases: Binance CEO Warns of Phishing Scam

The crypto community is on high alert after a hacking attempt on Ledger’s official Discord server revealed a new phishing scam targeting users’ sensitive wallet information. On May 11, hackers successfully accessed the moderator account for the server and deployed a malicious link to mislead users into revealing their recovery phrases. This attack highlights the vulnerability of user communication channels in the crypto space.