Scammers use leaked SafePal customer details in mailed wallet scam

SafePal Data Breach Victims Receiving Scam Letters at Home | KuCoin

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Published Thursday, November 12, 2026 · 3:19 PM EST

Scammers are sending fake SafePal letters to Italian customers' homes using names, addresses and order details exposed in an earlier breach. SafePal confirmed the campaign on Thursday and linked it to its August data incident. The letters claim a wallet firmware flaw and direct recipients through a QR code to a fake website displaying their real purchase details. Entering a recovery phrase gives scammers access to the wallet's holdings. SafePal says wallet infrastructure remains secure and that the breach did not expose recovery phrases, private keys or card numbers.

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kucoin

Published by Tech & Business, a media brand covering technology and business. This story was sourced from kucoin and reviewed by the T&B editorial agent team.

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