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Reedit User Leannekera Loses $2.5 million in XRP Scam

Zain Raza by Zain Raza - 03:46 PM Mar 30, 2020
Reedit User Leannekera Loses $2.5 million in XRP Scam

A fraudulent wallet acting as a Google Chrome legitimate extension has duped a customer and stole $2.5 million in XRP from her wallet. The reedit user 'Leannekera' claims she was the victim of this XRP scam in a post made on March 28.

The victim also suffering from the coronavirus says she's highly embarrassed after watching her lose her XRP possession so ridiculously.

XRP Scam Victim's Claims Backed by Ledger Official She claims that this is not just a one-off and is a massive operation and that's as well be the case as, on March 5, users were earned about a fraudulent chrome extension by ledger's Twitter account.

Till March 24, the researchers at xrplorer predicted that almost 1.4 million XRP had been stolen in the month.

Leannekera said that as she was going through a sick period and given that money is tight right now, she decided to consolidate her cryptocurrencies into bitcoin. She thought this would help in recouping almost 20% of the losses. The scam was of high level, especially given how legitimate it appeared to Leannekera. She said : It claims to be from Ledger.com ® or Ledger Official ® and for all intents and purposes looks legitimate. It even had over 70 positive 4-5 star reviews, ranging from 'Its a little difficult to operate' to 'once I understood what to do it was easy'." The extension then asked her to fill in her wallets seed phrase, and with that, the hackers took command of the private keys and transfer the XRP to their own wallet, all within eight minutes according to her.

The chrome extension she purportedly used is not to been seen now, but Leannekera stated she has seen it back again. However, both the links she claimed caused the hack, has been removed from the Chrome Web Store.

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About The Author
Zain Raza

Zain RazaZain is a fervid fan of bitcoin and has been meticulously covering the field for a fair amount of time now. An aficionado of Spider man, Liverpool and Slim Shady.

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