⚡️⚠️ ALERT - Ledger users have reportedly received letters posing as Ledger, announcing an "urgent and critical security update" and asking users to scan a QR code and provide their seed phrase.

Ledger has confirmed that these letters were a scam.

Ledger will never ask for recovery phrases by phone, SMS or any other means.

The letter states that "failure to complete this mandatory validation process may result in restricted access to your wallet and funds".

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Discussion

There is a simple rule: recovery phrases are not given to anyone on any occasion. Whoever observes it will have no problems.

Anyone who owns a hardware wallet know full well the number one rule:

"Never reveal your seed phrase to anyone. Period." 👊

Randomly choosing & maintaining exclusive access to words has become a very important skill.

KYC at its finest