A Scam Targets USPS Users with Fake Wallet Alerts
In the evolving world of cryptocurrency scams, cybercriminals are now using physical mail to target unsuspecting victims. Scammers impersonating Ledger, a leading hardware wallet provider, have sent phishing letters via USPS, urging recipients to “validate” their wallets or risk losing access to their funds.
Mike Belshe, CEO of BitGo, shared an image of one such fraudulent letter. The letter includes a QR code that redirects victims to a phishing website, designed to harvest sensitive wallet credentials. Crypto user Troy Lindsey also received a similar letter and issued a warning: “These are all scams. You must not get tempted by these.”
Traditionally, phishing scams rely on emails or deceptive websites. But this incident shows that even physical mail can be weaponized to steal seed phrases and private keys.
Ledger had not issued an official comment at the time of publication, despite being contacted by Cointelegraph.
This scam is not an isolated case. Blockchain investigator ZackXBT reported a $330 million loss in April 2025, where an elderly individual was tricked in a phishing call center scam based in the UK. The attackers used psychological manipulation to extract sensitive data and transfer funds.
In a related incident from May 2022, Coinbase revealed that customer service contractors leaked user data to scammers. The attackers then demanded a $20 million ransom. Although Coinbase denied any loss of private keys, TechCrunch founder Michael Arrington warned about the potential real-world consequences of such breaches.
