In the latest developments in the crypto space, a significant scam involving Ledger has emerged, with physical phishing letters reportedly being mailed to crypto holders. These letters, mimicking communication from Ledger, instruct recipients to validate their wallets via a QR code which likely leads to a malicious site designed to steal sensitive information. Additionally, a US federal judge overturned key fraud and manipulation convictions against Avraham Eisenberg, a trader implicated in a $110 million exploit of Mango Markets. The judge ruled that the evidence did not support the jury's findings of materially false representations. This decision significantly weakens the prosecution's case against Eisenberg, who had manipulated the price of Mango’s MNGO token before conducting the exploit. Meanwhile, US-based spot Bitcoin ETFs have seen a substantial $2.75 billion in inflows as Bitcoin's price sits above $108,000, reflecting strong investor interest. BlackRock’s IBIT fund is noted for its consistent inflow streak, further highlighting the growing engagement in Bitcoin investment products.

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