Malicious Web Pages Are Hijacking AI Agents, And Some Are Going After Your PayPal
Google reports a surge in attacks targeting AI agents with hidden commands, including PayPal transactions.
Decrypt1 min read
Ledger Issues Urgent Warning on Fake Accounts and Recovery Phrase Scams
TL;DR
Ledger warns users about increasing scams involving fake accounts and phishing attempts. The company is actively reporting these scams but cannot fully control the spread of misinformation.
Key points
- Ledger warns about impersonation and phishing scams
- Scammers are increasingly common in the crypto ecosystem
- Ledger is reporting and blocking fraudulent accounts
Mentioned in this story
LedgerJames Rule XRP
Major hardware crypto wallet Ledger issues scam warning as impersonation and phishing scams increase across the crypto ecosystem.
In a reply on X, Ledger warns that scammers impersonating Ledger and its representatives are becoming increasingly common. The wallet provider says it is actively reporting and blocking scammers on social media, but this cannot be enough given that it cannot control what accounts, whether real or bots, choose to say in their messages, emails, websites, calls, bios or usernames on X. It noted that this remains an ongoing challenge across platforms.
Hi @allthemoney, we appreciate your efforts to warn others about these scam attempts.
Scammers impersonating Ledger and Ledger representatives are unfortunately common. While we actively report and block scammers, we can't control what accounts - real or bots - choose to say in…
— Ledger (@Ledger) April 27, 2026
Ledger stated this in response to a crypto user "James Rule XRP" who flagged a fake email notifying of a post quantum security patch allegedly from Ledger.
Warnings issued
Ledger warns that as digital ownership grows, so does the sophistication and frequency of fraud attempts. It added that staying informed and vigilant of scams and phishing attempts is important and necessary to protect users.
In a separate tweet, Ledger noted that staying informed about common online scams remains a crucial aspect of digital ownership, especially during times when phishing attempts are getting active across the ecosystem.
Ledger warns that if a message feels unexpected or suspicious, taking a moment to pause might be important. In this context, it is important for crypto users never to click on links or share information. They should double-check through official Ledger channels as this can prevent irreversible mistakes.
As a reminder, Ledger says it will never call, DM, or ask for a 24-word recovery phrase from crypto users. If someone does, it might be a scam. Ledger urges crypto users to stay cautious, keep their assets safe and always clear sign transactions where possible.
Q&A
What types of scams is Ledger warning about?
Ledger is warning about impersonation and phishing scams that involve fake accounts and fraudulent communications.
How is Ledger addressing the issue of scams?
Ledger is actively reporting and blocking scammers on social media platforms, but acknowledges the challenge of controlling misinformation.
Who flagged the fake email scam to Ledger?
The fake email scam was flagged to Ledger by a crypto user known as 'James Rule XRP'.
