Post
Topic
Board Hardware wallets
Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities
by
LoyceV
on 27/10/2023, 09:33:43 UTC
I sent you my seedphrases in DM, can you reply with the deposit address to pay for the first month?
Don't worry, I'll take my payment myself Tongue

Quote
Also, I am interested in the case that if I skip one month with the payment, will I lose my coins?
On a serious note, this does bring up an interesting question. What happens if someone cancels their automated payment for Ledger Recover? Will they destroy the seed phrase from their storage and all their backups? I find that hard to believe, and you can't know for sure. Or will they just keep your seed phrase, but deny you acces if you ask for it? Or will they just charge you a much higher "manual recovery fee" when you need it? Either way, I'm not going to find out Tongue