Phishing attempts and scams against Ledger wallet owners are on the increase with one such scam netting more than 1,150,000 XRP from its victims.
The scam used a phishing email that directed users to a fake version of the Ledger website that substituted a homoglyph in the URL — in this case a letter that looked like the letter ‘e’ but wasn’t. On the fake site, victims were fooled into downloading malware posing as a security update which drained the balance from their Ledger wallet.