Post
Topic
Board Hardware wallets
Merits 2 from 1 user
Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities
by
Zwei
on 16/05/2023, 19:50:18 UTC
⭐ Merited by vapourminer (2)
Since their customers were basically sold a lie - their recovery phrases would never be able to leave their device - isn't this a solid ground for a class-action lawsuit?

I think it was always possible via a firmware update for Nano X and the other models, but I don't think the same applies for Nano S based on their FAQ [1], "⚠️ Ledger Recover isn't compatible with Ledger Nano S." but why should we trust them anymore?
I'm not a lawyer, but I think there is definitely grounds for a class-action lawsuit since they 100% lied about keys never being able to leave the device, which was a key selling point.

[1] https://support.ledger.com/hc/en-us/articles/9579368109597-Ledger-Recover-FAQs?docs=true