Ledger owners lose 1.1 million XRP to scam site

Cointelegraph

Published Nov 05, 2020 11:44PM ET

Updated Nov 07, 2020 01:40AM ET

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.

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