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With Ledger it's a whole other level of villainy; their firm ware is an encrypted secret, no public oversight is possible. As Synchronice mentioned, it's been this way all along and all along they told us it was impossible for software like Ledger Live to the extract private keys from the hardware. But magically they found a way to break their own security protocol, promote it a "feature," and enrich themselves on a lie.
-snip-
Ledger's developers are not consistent with their original intentions, only providing nonsense with the so-called private key extractor as a new feature.
I don't know what Ledger's CEO is thinking that they can provide a feature that will actually damage their own business.
But for Ledger FanBoys it doesn't matter, they still support it.
I was even going to switch to Ledger, but in the end, canceled my intention because of the controversial update.
I still use Safepal even though it is not an open-source wallet, but they are not hypocrites.