Our OSINT investigation reveals that scammers are fraudulently using the domain http://www.ledger.com, a legitimate website owned by the trusted hardware wallet provider, Ledger, to perpetrate an investment scam. This scam has resulted in a loss of $75,000, involving XRP and XLM cryptocurrencies.

Scam Details
Victims were directed to send funds to the following receiving addresses:

XRP Address: rGtqhzEaCCQpjVJtYyb1hWSLVod6uLah81
XLM Address: GA4S4HEWY2JRYOHAAHVJXZ26MDBUGKLTFM4MTN7EHUO6IQLA2SDH6SJT
These wallet addresses are controlled by scammers who trick investors into transferring funds with the promise of high returns or access to exclusive investment opportunities. Once funds are sent, they become unrecoverable, and communication from the scammers ceases.

Domain Information
While the domain ledger.com is legitimately owned and operated by Ledger, a reputable company based in Ile-de-France, France, with a registration dating back to 1994, the scammers are exploiting its trusted reputation to deceive victims. This misuse of a well-known and secure platform highlights the importance of verifying the authenticity of any communication or investment opportunity linked to trusted brands.

Awareness and Prevention
Be Skeptical of Investment Promises: Legitimate companies like Ledger do not offer investment opportunities or request cryptocurrency transfers to specific wallet addresses. Any such claim is a scam.
Verify Authenticity: Always verify the legitimacy of emails, websites, or social media accounts claiming to represent well-known companies. Only trust communication that originates from official channels.
Use Official Wallets: Never transfer funds to wallet addresses provided by third parties without verifying their legitimacy directly through the company’s official website or customer support.
Report Suspicious Activity: If you encounter scams impersonating legitimate companies, report them to the company and relevant authorities immediately.
If you have additional information about this scam such as other wallet addresses, communication records, or related websites please share it here. Raising awareness about this fraudulent activity is crucial to protect others in the crypto community from falling victim to similar schemes.

Let’s work together to expose these scammers and safeguard the trust and integrity of cryptocurrency platforms.