Post
Topic
Board Hardware wallets
Re: Is a ledger nano x still a safe cold storage wallet to use
by
Pmalek
on 24/02/2025, 08:27:33 UTC
Users wouldn't be harmed by Ledger going bankrupt unless Ledger's code or keys end up in the wrong hands.
I don't see them going bankrupt anytime soon. Perhaps I misunderstood The Sceptical Chymist when he said that Ledger will hopefully self-destruct. Since the discussion is about Ledger Recover and not Ledger's solvency, I understood that as referring to the company messing up so badly and having its Ledger Recover service hacked and destroyed. And with it, of course, the funds of its users who activated the service.