Disastrous Hack! Ledger’s Discord Fiasco: CZ’s Warning

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It seems the crypto world finds itself once again on the edge of disaster, as Ledger, the maker of those supposedly “unbreakable” hardware wallets, reports a recent breach. Yes, on the 11th of May, a hacker managed to infiltrate a moderator’s account on the Ledger Discord server, sending a delightful little scam link to all and sundry. Naturally, the goal was to trick unsuspecting souls into surrendering their precious recovery phrases.

What Happened, You Ask?

Ah, the classic tale of deception. The attacker, in all their misguided glory, concocted a rather plausible story. According to the scam, Ledger had a new security flaw that needed “urgent verification.” Naturally, this required clicking a phishing link—because, obviously, what could go wrong with that? Of course, clicking the link would have allowed the fiend to steal every last bit of your digital fortune. How very thoughtful of them.

In a rather amusing turn of events, some users were muted or banned when they attempted to warn others. How typical! As if a compromised account wasn’t enough of a crisis, now the community had to deal with this additional hiccup.

Discord Admin Hacked, Users Duped

Just received this security warning:

It seems Ledger’s Discord admin account was hacked. The scammer, claiming a new vulnerability, asked users to enter their recovery phrases on a phishing site. A few simple lessons:
1. Never, under any circumstance, surrender your private key recovery phrases, regardless of who they claim to be…

— CZ BNB (@cz_binance) May 12, 2025

The ever-watchful Changpeng Zhao (CZ), former CEO of Binance, took it upon himself to highlight the latest in a long series of scams targeting Ledger’s loyal users. He expressed his dismay at how the attackers managed to seize control of the Discord server’s admin account, sending a spurious message regarding an alleged vulnerability in Ledger wallets. A convenient reminder of how easily trust can be manipulated.

The malicious individual, using the compromised admin account, instructed users to visit a fraudulent website, where they were encouraged to “secure” their wallets by re-entering their recovery phrases. How charming! For those unaware, entering such information directly hands over control of the wallet to the attacker, leaving users completely at the mercy of the hacker’s whims.

How to Safeguard Yourself, You Ask?

In a moment of profound wisdom, CZ imparted a timeless piece of advice: never, under any circumstances, share your recovery phrase. Not even if the message seems to come from the most “official” of sources. After all, even the most convincing scam can easily be masked as an emergency. The attacker’s most beloved entry point? Social media and communication accounts—those quaint little portals where all your security vulnerabilities come to life.

Ledger’s Response

In their defense, Ledger clarified that their Discord server, in all its integrity, was not hacked. Oh no, it was merely a contractor’s account that had been briefly compromised. This minor mishap allowed the fake message to be posted in one channel, but fear not, dear users, for the situation was swiftly contained. Permissions were locked down, the fraudulent site was reported, and security measures were reinforced. In other words, it was a bit of a fiasco, but nothing that couldn’t be fixed in an hour. Ledger also took the opportunity to remind everyone that no, the message was not from their team—and, naturally, to never share your recovery phrases.

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2025-05-12 13:40