Post
Topic
Board Hardware wallets
Merits 10 from 4 users
Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities
by
FatFork
on 16/05/2023, 09:52:34 UTC
⭐ Merited by o_e_l_e_o (4) ,Welsh (4) ,vapourminer (1) ,hosseinimr93 (1)
Yeah, Ledger keeps finding ways to disappoint us. I'm still trying to wrap my head around this whole thing.

So, let me get this straight: they're gonna take our recovery phrase and split it up, sending encrypted pieces to these custodians without giving us a choice? And to make matters worse, they're gonna offer a KYC-based recovery process only for those who cough up the dough for this service? Seriously, if this is for real, they deserve an instant boycott! What a major letdown.