Hardware wallet creator Ledger has issued a warning to clients to be vigilant of Youtube accounts designed as phishing scams.
According to a tweet published Jan. 27, Ledger claimed to be facing phishing attacks by way of hacked YouTube accounts. The company reiterated that they are not affiliated with the series of video streams and have reported the malicious accounts to YouTube.
The majority of these phishing scams are centred around obtaining a user’s 24-word recovery seed for their Ledger wallet.
Hackers have been hijacking YouTube accounts to run cryptocurrency scams in an attempt to trick users. In one reported case, a hacker managed to steal over $15,000 worth of XRP pretending to be Ripple CEO Brad Garlinghouse.
Ledger Issues Warning Over New YouTube Phishing Streams (Cryptoglobe)
Hardware wallet creator ledger has issued a warning to users to be wary of fake youtube vid#EOS designed as phishing schemes.https://t.co/ZZnM1wMdiJ pic.twitter.com/mWPPgIZthh
— CRYPTONEWS.WATCH (@crypto_news24) January 28, 2020