Phishing scammers are capitalizing on Ledger’s $86 million spyware scandal with a new fake firmware update email campaign. Blockchain security firm SlowMist flagged the messages urging users to connect their hardware wallet to protect against recent threats in Malaysia. Ledger devices were compromised through authorized reseller CryptoBilis in Southeast Asia, where former Mt. Gox CEO Mark Karpeles discovered devices fitted with spyware transmitting data via a hidden SIM card. A total of $86 million in crypto was drained. Forensics firm Chainalysis identified a task scam operator as one of the largest victims, losing approximately $4.8 million (60 BTC).
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