Address Poisoning Scam Targeting Crypto Users
Ledger recently uncovered a deceptive scheme known as “address poisoning” that aims to trick crypto users into sending funds to scam accounts. Scammers send small amounts of crypto or NFTs disguised as vouchers to poison a user’s wallet. The bogus transactions are designed to mislead users into copying the scammer’s wallet address and inadvertently transferring funds to the fraudulent account.
Protecting Against Address Poisoning Scams
To safeguard against falling victim to address poisoning scams, it is crucial to remain vigilant and refrain from interacting with suspicious transactions or addresses. If there are concerns about a compromised wallet or suspicious transactions, it is recommended to ignore them and avoid engaging with any unfamiliar tokens or addresses. Ledger advises users to right-click and ‘hide’ any dubious tokens to prevent accidental interactions.
Precautions Against Malicious Links and Phishing Attacks
Additionally, users should exercise caution when encountering malicious links in wallets that could lead to scam websites aiming to solicit sensitive information or authorize harmful transactions. It is essential to avoid sharing recovery phrases or signing malicious transactions with Ledger devices to mitigate the risk of wallet compromise. Stay alert and proactive in safeguarding your crypto assets from potential threats.
