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Fake Ledger Site Reaches Google’s Top Results Amid Investigation Into Suspected $86M Wallet Theft

Fake Ledger Site Reaches Google’s Top Results Amid Investigation Into Suspected $86M Wallet Theft

Photo: TokenPost

A fake Ledger website and app appeared at the top of Google search results as Ledger investigates a suspected $86 million wallet theft involving customers of Southeast Asian distributor CryptoBilis. The site was designed to trick users into disclosing their 24-word recovery phrases, which can provide access to cryptocurrency wallets. It recorded more than 1 million visits during the past 30 days. Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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