Pundit Sends Strong Warning to XRP Holders. Here’s why

A new scam targeting cryptocurrency users has surfaced, disguised as an official communication from Ledger, one of the world’s leading hardware wallet ￰0￱ Inc (@jungleincxrp), a well-known figure in the XRP community and a prominent crypto content creator, was among the first to raise the alarm after sharing an image of the fake letter on X. Warning: a friend just received a letter in the mail from hackers pretending to be from ￰1￱ scan the QR code and give them access to your ￰2￱ careful!!! Ledger will not send you something like ￰3￱ — Jungle Inc Crypto News (@jungleincxrp) October 23, 2025 The Scammer’s Approach The letter, which appears professional and includes Ledger’s logo, a Paris address, and a formal sign-off from a supposed company executive, claims to introduce a new mandatory feature called “Transaction Check.” It instructs users to scan a QR code to activate the feature by October 31, ￰4￱ first glance, the letter looks legitimate, listing known devices and referencing security updates and compliance requirements.

However, scanning the QR code redirects users to a fraudulent website designed to steal sensitive information and compromise wallet ￰5￱ scam’s sophistication has caught the attention of the wider crypto ￰6￱ copying Ledger’s official style and incorporating detailed text about “global cryptocurrency regulations” and “enhanced transaction verification,” the perpetrators made the letter difficult to distinguish from genuine ￰7￱ actors often target hardware wallet users due to the significant assets they store ￰8￱ attempt was designed to exploit user trust in Ledger’s reputation for safety, preying on those who might rush to comply with what appears to be an official security ￰9￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Potential Impact on Users and Investor Caution The warning has been particularly relevant for XRP investors, many of whom use hardware wallets for long-term ￰10￱ XRP holder recently lost $3 million from a cold wallet , and the fake notice’s professional tone and specific deadlines were clearly designed to pressure recipients into taking immediate action and causing a similar loss of ￰11￱ like this highlight that even the best hardware security cannot defend against human ￰12￱ relying on deception remain among the most effective methods for stealing digital ￰13￱ Secure in a Targeted Environment Ledger has consistently stated that it does not send physical letters or require QR code scans for any form of ￰14￱ communications are always conducted through Ledger Live or verified digital ￰15￱ the cryptocurrency ecosystem evolves, scams have become more polished and ￰16￱ Inc’s post serves as a timely reminder that caution remains essential, especially for those managing high-value assets such as ￰17￱ : This content is meant to inform and should not be considered financial ￰18￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰19￱ are advised to conduct thorough research before making any investment ￰20￱ action taken by the reader is strictly at their own ￰21￱ Tabloid is not responsible for any financial ￰22￱ us on X , Facebook , Telegram , and Google News