Crypto Fraud Goes Postal: Ledger Customers Hit By Seed Phrase Scam
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Crypto Fraud Goes Postal: Ledger Customers Hit By Seed Phrase Scam

Thieves have opened a new front against cryptocurrency users with fake letters delivered by regular postal mail targeting owners of Ledger hardware wallets. The letters misleadingly tell recipients they need to confirm their private seed phrases for a “critical security update,” according to reports posted on social media site X on April 29. Related Reading: […]
Crypto Clean-Up Down Under: Australia To Crack Down On Inactive Exchanges
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Crypto Clean-Up Down Under: Australia To Crack Down On Inactive Exchanges

Australia’s financial regulator is going after inactive crypto companies still appearing on official lists. The Australian Transaction Reports and Analysis Centre (AUSTRAC) disclosed Tuesday that it would remove registrations from exchanges that have ceased trading but are still on their books. Related Reading: Tether Flexes Strength With Nearly 8-Ton Gold Reserve For XAUT Token ‘Use […]