Although this doesn’t comes as a surprise because of the conditions faced by microeconomics, many crypto exchanges and entities-like have been layoff their staffs with the likes of chainalysis in the last few days blaming it on bear market and also binance-US which theirs was as a result of regulatory issue. But this Ledger own definitely has to fall into the place of business not growing more due to the bad decisions they made.

Reading through this news outlets I don’t see a comeback for them even though they still want to go ahead with the recovery idea, and thinking it will come good. If you read through many insults are thrown to the CEO, someone even tweeted of trusting software wallets than them which is definitely too bad. I would say Ledger should just be considered there was a big hardware wallets firm.


Here is direct link from there blog post affirming to this