I wonder how many companies with closed-source HWs would not sacrifice their clients for millions of bucks coming from IRS. In an open-source world, it is indeed very weird to sell a partially closed-source product. But since authorities have easy access to very large fundings, a $10M secret contract with Ledger might actually sound good enough for them to allow backdoors in their HWs, if they haven't done it already.

Worst thing is, they literally have a money printing machine. They could at any given time start working on a computer specifically created to break down all the seeds using latest technologies, without us knowing it. They're so desperate they might want to do that, even though it does mean breaking someone's financial intimacy from anywhere around the world.