Post
Topic
Board Hardware wallets
Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities
by
Wind_FURY
on 17/05/2023, 05:30:38 UTC
Wait.... Just bought a Ledger wallet a week ago. I have some ETh inside. Should i take them off? Is it unsafe ?


I believe you're safe from the backdoor if you don't update the firmware.

Seriously, do the management teams behind both wallets understand nothing about bitcoin?
It would be fool to think that they don't understand the basic. Question is why they are pretending that the don't have the basic understanding. Who is behind all these?
Let me guess, it's those who are printing notes and doing everything from the tax payers money.

Question remains.
The device is not an offline device then?
Someone please answer it.


The trust is now broken. Ledger says anyone can opt-out of the service, but how can we verify that the backdoor wasn't there the whole time?

Ledger said it's "impossible for them to extract" the master key from the device, then they're currently saying that they backdoored the device to "allow" them to extract the master key? Laughable.