Scammers are targeting Ledger hardware wallet users by mailing fraudulent letters that appear to be from the company. These letters request users to validate their seed phrases under the pretense of needing to perform a critical security update. The correspondence utilizes Ledger's branding and claims that failure to comply may restrict access to the wallet and its funds. A seed phrase, or recovery phrase, is crucial as it allows access to crypto holdings. Ledger has confirmed that these letters are scams and urges users to remain cautious. This incident follows previous reports of scammers using similar tactics, including sending compromised devices designed to install malware.

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