The scammer’s hack has risen one notch higher. If you see ads on Google search for the Ledger Live Chrome extension, be careful because it seems that the hackers stole about 1,400,000 XRP from this platform.
XRP Hodler be careful by fake extension
According to an account called xrplorer forensics, more than 200,000 XRP have been stolen in the past month. The reason comes from the fake “Ledger Live” Chrome extensions that are stealing victim’s backup phrases to get their cryptocurrency.
Although only collecting data from XRP, xrplorer forensics still warns that other cryptocurrencies are not safe.
They said:
Fake “Ledger Live” chrome extensions are used to collect user backup passphrases. They are advertised in Google searches and use Google Docs for collecting data. Accounts are being emptied and we have seen more than 200K XRP being stolen the past month alone.@Ledger @Google
— xrplorer forensics (@xrpforensics) March 24, 2020
Quite alarming, a few hours later, the XRP tracker posted a second update. Its original number is not close to the real number. It seems 1.4 million XRP has been stolen.
We don’t have figures from other currencies. Don’t EVER download tools for your hardware wallet from other places than the vendor directly. The screenshot shows a POST request from an extension. pic.twitter.com/ct4IreHeM4
— xrplorer forensics (@xrpforensics) March 24, 2020
According to further analysis, the team was able to gather that while most of the stolen XRP was still held untouched in an account, some funds had recently been sold on HitBTC. The crypto exchange has been notified; however, it has so far failed to respond to the issue officially.
Most are still in accounts, what has been cashed out has been so through @hitbtc
— xrplorer forensics (@xrpforensics) March 24, 2020
Always be careful in the cryptocurrency market
This latest warning does not just apply to XRP owners or even Ledger users. This is a wake-up call for everyone in the cryptocurrency market. For the crypto market alone, which has been stolen with a total value of about $ 4.5 billion in 2019, it’s best always to follow the online best practices.
That means never click the link via email to get to your wallet or exchange account. Never download the plugin unless you are 100% sure of the source and the official bookmark so you can trade and trade with confidence.
There are lots of hackers and scammers in the cryptocurrency space looking to steal your money. Do not make their job easier.
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