Ledger's key extraction includes other companies. What happens if those companies want to give up your keys? Here's what Ledger's CEO says:
"These companies are not slaves to Ledger. We just have commercial agreement."
-- Ledger CEO Pascal Gauthier
https://youtu.be/M3VjQUcyZSY?t=2393"Great, so now the Department Of Justice calls you and says "We are charging so and so with X, Y and Z. Get two of your vendors to send us the Bitcoin keys."
-- Harry Sudock, discussing Ledger Recover with Ledger CEO Pascal Gauthier
https://youtu.be/M3VjQUcyZSY?t=2608Anybody who trusts Ledger with their keys, and thus their coins, is an idiot.
An idiot.