Top Crypto Wallets Most Vulnerable to Phishing Attacks in 2025

Phishing remains the number-one threat to cryptocurrency holders. Despite stronger authentication systems, real-time fraud detection, and wallet-level security, scammers have mastered social engineering and brand impersonation to trick even experienced investors.

The five most targeted crypto wallets in 2025—based on attack frequency, phishing domain activity, and the number of reported fake support cases—are listed below.

1) Coinbase Wallet — Targeted by Impersonation and Insider Data Leaks

Why it’s targeted:
As one of the most trusted and widely recognized names in crypto, Coinbase Wallet and its exchange users are prime phishing targets. The brand’s visibility allows attackers to imitate its interface, support channels, and transaction alerts with devastating credibility.

Recent threats:
In 2024–2025, reports surfaced of cybercriminals leveraging compromised support data to mount personalized phishing attacks. Some schemes even involved social engineering of customer service agents to steal user information, which was later used to send highly convincing fake “security verification” messages.

Typical attack patterns:

• Fake “Coinbase Support” emails or live chats claiming “suspicious login detected.”
• Users urged to “verify account” via fake login pages that steal credentials and 2FA codes.
• Scam recovery “agents” asking victims to send crypto to a “safe temporary wallet.”

How to stay safe:

• Coinbase never requests your private keys, seed phrase, or 2FA codes via email or phone.
• Access Coinbase only by manually typing the domain.
• Use app-based authentication (Google Authenticator, Authy), not SMS.
• Monitor recent logins and enable withdrawal whitelists to lock destinations.

Coinbase’s massive global user base ensures that even a 0.1% success rate translates into millions in losses—making it the number-one phishing magnet in 2025.

2) Ledger — Fake Support Pages and Exploitation of Leaked Data

Why it’s targeted:
Ledger’s reputation as a top hardware wallet brand ironically makes it a high-value target. After a user database leak in 2020 exposed contact information of over 270,000 customers, phishing campaigns have remained relentless—often using leaked data to personalize attacks.

Typical phishing schemes:

• Fake “Ledger Live” update prompts urging users to enter their recovery seed.
• Phishing sites using domains like ledger-support.io or ledgerlive.app that mirror the real interface.
• Emails exploiting the old data breach, pretending to offer “security upgrades.”

Real-world examples:
Ledger publicly maintains an updated list of ongoing phishing campaigns—a sign of how constant the threat remains. The company even created an anti-phishing task force to assist victims and track domain impersonations.

How to defend:

• Only download firmware and Ledger Live from the official Ledger domain.
• Never enter your recovery phrase online—Ledger devices will never ask for it digitally.
• Consider enabling an optional BIP39 passphrase for added protection.
• Be alert to fake security notices claiming to protect your device; they are classic lures.

3) MetaMask — Browser-Based Wallet Under Constant Siege

Why it’s targeted:
MetaMask remains the most popular non-custodial wallet, serving millions of users daily across DeFi and NFT ecosystems. Its browser integration makes it accessible—but also exposed.

How phishing happens:

• Fake dApps and typosquatted websites that prompt users to “connect” and reveal their seed phrase.
• Fake MetaMask update pop-ups distributed through ads or hijacked domains.
• Malicious browser extensions mimicking MetaMask’s interface.

Why it’s growing:
Phishing groups now deploy AI-generated clones of legitimate project websites, making visual detection nearly impossible.

Defense checklist:

• Never type or paste your seed phrase anywhere.
• Keep MetaMask updated only through the official Chrome or Firefox store.
• Bookmark trusted dApps instead of clicking links.
• Review every transaction before approving; if a popup asks for seed words—it’s a scam.

4) Trust Wallet — Mobile Users and Fake Apps

Why it’s targeted:
With over 70 million downloads, Trust Wallet has become a key target for mobile-oriented phishing. Attackers distribute fake APKs and App Store clones that mimic the original interface perfectly.

Typical scams:

• Fake app updates outside official stores.
• WhatsApp or Telegram messages offering “airdrops” or “account recovery.”
• Phishing links that request private keys under the guise of troubleshooting.

How to defend:

• Only install from official app stores; verify the publisher.
• Don’t click links shared over messaging apps.
• Avoid storing your seed phrase on your phone.
• Use a hardware wallet for long-term storage.

Trust Wallet’s mobile-first design makes it convenient—but the same accessibility increases exposure.

5) Trezor — Hardware Wallets Exploited Through Fake Support Channels

Why it’s targeted:
Trezor’s hardware wallets are secure by design—but their users are still vulnerable to psychological manipulation. In 2025, attackers launched mass phishing waves impersonating Trezor Support using real user data obtained from third-party breaches.

Common attack types:

• Fake support tickets: Cybercriminals send emails that look like legitimate Trezor responses, prompting users to “restore” their wallets online.
• Live-chat impersonations: Fake help desks convincing users to reveal their recovery seed.
• Voice phishing: Deepfake voices posing as Trezor representatives.

Defense steps:

• Trezor Support will never ask for your recovery seed or direct you to external sites.
• Only restore or manage your wallet through the official Trezor Suite application.
• Add a passphrase to your wallet for extra protection if compromised.

Why These Wallets Are Targeted

Popularity is the double-edged sword of crypto security. Attackers chase market share, not complexity. The larger the user base, the bigger the return on successful impersonation. Phishing groups specialize in cloning brand assets, creating fake URLs, and buying ads to position fraudulent sites above legitimate ones.

Phishing doesn’t exploit blockchain vulnerabilities—it exploits human trust. That’s why even hardware wallets, which are technically offline, remain constant targets through their users.

How to Protect Yourself — 2025 Checklist

✅ Never share or enter your seed phrase anywhere online.
✅ Verify all URLs manually—don’t trust ads or links in emails or messages.
✅ Use app-based 2FA, not SMS, for exchanges and accounts.
✅ Bookmark official sites for your wallets and exchanges.
✅ Audit token approvals and revoke unused permissions.
✅ Keep firmware/software up to date, but only from official sources.
✅ Educate yourself regularly—phishing lures evolve monthly.

Final Word

The 2025 phishing landscape proves one lesson:
Security isn’t a feature—it’s a mindset.

Every wallet on this list—Coinbase, Ledger, MetaMask, Trust Wallet, and Trezor—offers strong core technology. Yet, they remain vulnerable because criminals target users, not code. Awareness, verification, and disciplined digital hygiene are the only real defenses against modern phishing warfare.

Awareness, verification, and disciplined digital hygiene are the only real defenses against modern phishing warfare.

When it comes to protecting your digital assets, awareness of the most targeted wallets is only the first step. Lionsgate Network specializes in advanced blockchain forensics and crypto recovery, helping individuals and businesses trace stolen funds and work with law enforcement to resolve fraud cases. If your wallet has been hacked and your crypto stolen, we invite you to contact us through our website — Lionsgate Network is here to help.

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