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Email Phishing Risks for Web3 Assets

Email phishing can pose a significant threat to Web3 assets, as demonstrated by a Ledger customer database breach in 2020. Attackers impersonated Ledger's official team, sending emails asking users to update their Ledger Live to ensure security. Users were directed to a fake page that looked almost identical to the real one, leading some to enter their 24-word seed phrase, resulting in their wallets being drained. This highlights the importance of recognizing phishing emails and never entering sensitive information into fake pages.

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