Ledger warns of new ‘address poisoning’ scam

Ledger issues warning about a new scam called “address poisoning” that targets crypto users. Address poisoning involves scammers sending a small amount of crypto or an NFT disguised as a voucher to a user’s wallet. The intention is to trick the user into copying the scammer’s wallet address from their transaction history and inadvertently sending funds to the scammer instead of the intended recipient. Ledger emphasized that unless users initiate a transaction to these addresses themselves, no value will be transferred from their account. Scammers have been using open-source software to create addresses that are very similar to legitimate Ledger addresses, making it difficult for users to distinguish between the two. The scam has been particularly prevalent among users of Ledger Live, a crypto wallet management tool. Ledger recommended that users ignore suspicious transactions and associated addresses to avoid falling victim to the scam. Additionally, they advised users to avoid interacting with suspicious tokens or NFTs, and to hide them from view to prevent accidental engagement. Users were also cautioned against clicking on malicious NFTs or following links that could lead to scam websites. It is essential to remain cautious of any potential risks to wallets, such as sharing recovery phrases or signing malicious transactions with a Ledger device.