Topic: Guy buys Ledger on Amazon... his crypto gets stolen... (Read 287 times)

This is just ridiculous..
After saying he lost all his coins by buying a fake ledger that made him go to some phishing website and he trusted it like a "crypto expert" he was, and now the guy is doing reviews on cold storage wallets. I just linked the video here but don't waste your time, it's starting to look like this guy doesn't have any coins at all. His review is an unboxing without even powering up the device or showing a balance or a transfer, so he is most likely a no-coiner on his hunt for clicks and views on youtube with fake stories.

Oh, just checked his video history, after that "story, he had one with the title:
Just lol!

To me this also seems not very believable, since you can’t simply fake all the steps to set up the ledger device and then insert some kind of scam domain into the firmware. The only thing that I can think of is that the device was doing nothing than show a domain, since it was a complete fake device. Maybe some noobs will fall for this. In this case I would personally sue Amazon over it.

If we are going to believe his unbelievable story, then the chances of him having bought a fake device are 100%. A legit Ledger HW does not communicate with you and tell you what software to install and which websites to visit. It doesn't tell you there is a new app update, LL update, or firmware update. You check that yourself.

A ledger with 3rd-party firmware can't connect to the official Ledger Live app servers. So, he couldn't have passed the onboarding process, installed the crypto apps, generated the seed, etc. The other possibility is that he used a genuine device with fake firmware and with a fake Ledger Live app. Of course, we can't rule out that the whole story is just a big lie. 

It would not make sense if the device itself prompted him to visit a fake website, I don't know how the attacker would mess with the device itself that way... What are the chances he bought a counterfeit Ledger or the Ledger box as altered so we would visit the fake website after going through the setup.

Anyways, still he was a victim of  lack of information and his own ignorance. Anyone who would know at least a little bit of the functionality of a HW would be aware that typing down the seed anywhere is a bad idea.

Worse! It was after the setup. He set up his wallet and then he moved his coins to it. After some time, he claims his wallet notified and instructed him to visit a website (which he believes wasn't the genuine Ledger website, obviously). It was on that website that he entered his seed, and shortly after had his wallets emptied. I have never heard of a scam involving this last step.

He doesn't even have to remember it. He could look it up in his browsing history. Maybe he doesn't know that either or will tell us he ordered it in incognito mode.

I can understand why this situation would be alarming and concerning. It is always important to be cautious and diligent when it comes to purchasing and using hardware wallets for storing cryptocurrencies. While buying directly from the source may offer some additional peace of mind, it is also common for many people to purchase hardware wallets from trst able retailers such as Amazon. But as with any online purchase, there is always a risk is involved

I'll join the other and say this is fishy as hell.

So you lose all your coins, you decide to make a youtube video, and yet
- you are not telling from whom (what vendor) you bought this on Amazon
- not a word of the phishing website, again weird, how the hell don't you remember it?
- this would be the most important thing it happened to you but somehow he waited months after till making a video about it
So my money is on a fake story to drive clicks.


Youtube algorithm on recommended videos, plus the clickbait-ish title.
I know a lot of small channels that once in a while hit with a video with more views than their entire collection.

So far, the video has not proven that there is a real problem related to using Ledger or ordering from Amazon, but rather to increase the user's awareness of the need to verify the authenticity of the seller, the device, and not to click on links randomly, which are important tips for everyone who intends to invest, otherwise you risk losing your money because your laziness.

Scammers prefer Ledger, one more reason not to buy ledger devices.
I watched the video you posted, but I think this story is very suspicious, and this reminds me on those stories with people ''losing'' all coins on ''boating accidents'', maybe with purpose of avoiding paying taxes.
Looking at all his videos I can see he was very active recently, creating videos all that time and most of them are about some shitcoin investment... that just shows you how ''smart'' he is.  
One example:



It's probably clickbait, but looking at reddit comments I came to conclusion that average ledger wallet customers don't have highest IQ and similar things are happening all the time.
Anyway, I feel sorry for everyone who lose coins like this and I hope they learn a valuable lesson.

Too many things here make it look like it's not true / not the entire story.

Is is possible? Yes, but as others have said it would have to have been someone who had no idea of how crypto worked or how a hardware wallet works. AND also not know any basic IT / PC security tech knowledge.

Is it an attempt to get hits / views? Most likely.

Is there a possibility of it being something else. Yes.

Also, people do make mistakes, some people own up to it and try to make it right, others just blame.

-Dave

This is what I would start with. I think that this guy just tried to create some drama in order to get more views.
If one makes so many stupid mistakes in a row then he doesn't worth the attention he gets. But I think that he didn't make any mistake in reality.

There was a more credible story in the past with somebody getting - also from Amazon - a HW with the seed words already entered, which maybe can happen if one has returned it and Amazon didn't pay attention. But this... I don't know...

It sounds very odd that someone getting a hardware wallet (knowing what the Hardware wallets are for) ends up typing down its own seed during the setup. If this is true, this guys did not even do the basic research he was supposed to before buying a wallet.

Before buying something on the internet I usually watch reviews, video tutorials, opinions, anything I can find; specially if it is about a device which is intended to preserve assets.

So this man woke up one day, over-heard that hardware wallets are the safest way to store Bitcoin and alt-coins, did no research and jumped onto Amazon immediately.  

Any responsible hardware wallet user knows how to set up theirs, even before it arrives in the mail and if something is slightly different from what learnt previously. red flags everywhere.

You would think that someone who is giving out crypto advice knows the basics themselves. Crypto Jay didn't.

Instead of visiting the official website and finding the link to Amazon (if he insists on using Amazon) there, Crypto Jay thought it was better to go to Amazon directly and browse hardware wallets by manually looking at the offers. He didn't even buy from an official Amazon reseller, but was led astray somewhere by fake reviews. I would also expect that someone should know not to trust internet reviews.   

Crypto Jay should also have done some research into what the official Ledger website is. Because he didn't, the fake device he got instructed him to visit a phishing website. He says in the video he doesn't even know which website it took him to, and he doesn't believe it was the legit one. He "thought" he was on the correct one. That's another thing. Neither Ledger nor Trezor tells you all off a sudden that you need to visit a website after you are done setting up the device. But that's what Crypto Jay's HW did.

On the fake website, he was asked to enter his seed, and guess what? He did.

---

If this story is true, I am sorry the dude got social engineered in giving the thieves the essentials to empty his wallets. If not, this is a pathetic way to gain popularity, likes, and subscribers. I think it's the former to be honest.

I might have skipped it since he always talks and don't show the proofs in the video, but I'm curious how much the stolen coin from his ledger. The only pic he shares is just the price of the ledger in its official website. I myself think it's just a clickbait video where he takes advantage of recent skyrocketting bitcoin price.

There are resellers that are authorized by Ledger or Trezon to distribute their product and that's why it's best to check the official list of resellers for you to have peace of mind. There's this case that has happened before that the guy bought off amazon with his Ledger and then he got a pre-generate seed which was an obvious scam that the buyer should be the one to generate his seeds. On that case, the seller was the scammer/hacker that has just waited for his customer to load and fund the addresses on that hardware wallet and then when he saw the opportunity, the scammer generated his seeds and took out the funds.

This is a rookie mistake and for someone who is sharing and giving out advises to newbies to have made this kind of mistake is really something to be embarrassed about.
This is why newbies need to be careful of who they are learning from on YouTube or any other learning space.
I hope others will learn from his mistake to always purchase or download apps from the original website or a vendor that has been certified by the company.

Your hardware wallet needs to come straight from the official sellers, you don't need to be told, because I knew about this when I was a newbie and knew small things only about crypto, I knew that third party sellers can open the hardware wallet and set some type of code to spy on users, it is very possible even if you haven't seen this happen once, and they will carefully package the hardware wallet back into the case, they can easily reseal the case back and you will believe it's never opened. I'm sorry for your loss but try to find answers before making any decision next time.

There is an Amazon official sellers^[1] in every country right?

Plus there are ways where people can verify the legdger live^[2] itself as well as the authenticity of the hardware wallet^[3].

[1] https://www.ledger.com/reseller
[2] https://support.ledger.com/hc/en-us/articles/4404807946001-How-to-verify-the-authenticity-of-Ledger-Live-?support=true
[3] https://support.ledger.com/hc/en-us/articles/4404389367057-Is-my-Ledger-device-genuine-?docs=

Ya I agree, but I don't want to victim-blame... but my suspicious mind considers he could be doing this to get views

How can someone who calls himself Crypto Jay not be smart enough to know about how hardware works and how to prevent this kind of minor incident, which he could have literally avoided?
If he can make this kind of mistake now, what will happen to his subscribers?

Edit: He just got about 179 subscribers; how did he get to that amount of views in such a short period of time? Maybe this is just a made-up video to use and boast his channel. It's really hard to believe all these internet guys again, but anything can be done to attract attention.