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Crypto Wallet Ledger Warns Users About Fake Google Chrome Extension

Thu, 03/05/2020 - 17:52
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Alex Dovbnya
Ledger users who are careless enough to download this bogus Google Chrome extension can lose all their coins
Crypto Wallet Ledger Warns Users About Fake Google Chrome Extension
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The Twitter handle of Ledger Support has alarmed its followers about a fake Google Chrome extension that can potentially steal all of their funds.

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Beware of phishing attacks  

While hardware wallets are believed to be the best way to protect cryptocurrency holdings, their owners also have to exercise extreme caution. Otherwise, they might become victims of numerous phishing attacks. 

Case in point: the malicious extension called Ledger Live that poses as the company's software for desktop and mobile platforms. According to ZDNet, its only purpose is to record 24-word seed phrases of uninitiated users in a Google Form. 

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Costly mistakes     

In early January, Twitter user @hackedzec lost $16,000 worth of ZEC after downloading another fake Google Chrome extension for his Ledger wallet. This vividly shows how expensive such mistakes can be.  

Back in April 2019, Ledger also issued a warning about malware that was able to replace its legitimate desktop application with a fake one and steal mnemonic phrases.  

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at