The trust is currently broken. Ledger says anyone can opt-out of the service, but how can we verify that the backdoor wasn't there the whole time?
~snip~
You've got to be kidding? The trust was broken from the moment when hundreds of thousands of data of their customers were hacked and made public, which included literally everything from full names, residential addresses, mobile phones and e-mails. Anyone who continued to trust that company after that only exposed themselves to additional risk, because as it turned out with this move, they (Ledger) obviously have a way to extract every generated seed, and now they just publicly admitted it.
As far as I'm concerned, I think that every HW from Ledger is compromised and that you should stop using it as soon as possible.