Quote from: MarangoZ on Today at 05:29:00 AM

Quote from: Darker45 on Today at 04:17:01 AM

~snip~

can you explain more about what u mean about Ledger as yes I keep storing my crypto there more than 5 years now
I did not make a withdraw like 5 years now ( just small amount at start to test it )
I also never connect it to apps or stake the crypto into ledger live app

I'd just quote my recent post below together with Charles-Tim's response. That's pretty much it.

Quote from: Charles-Tim on July 08, 2025, 12:56:47 PM

Quote from: Darker45 on July 08, 2025, 12:44:39 PM

Ledger has been involved in one controversy to another. There was the data leak which affected hundreds of thousands of its customers. There was Ledger Recover, a scandalous feature offered from a hardware wallet that's supposed to be the front-liner in promoting Bitcoin's 'not your keys, not your coins' principle.

Even how is it a cold storage when some people that have the wallet can send parts of their seed phrase backup to third party for backup. This is one of the major reasons I do not like the wallet while the second being the secure element. Also they do not care about their customers privacy just as you also posted.

Quote from: Darker45 on July 08, 2025, 12:44:39 PM

And then there's the fact that Ledger's firmware remains partially open-source until today, another controversial choice from a company that's supposed to be strongly advocating the fundamental Bitcoin principle of 'don't trust, verify'.

One of the Ledger hardware part called 'secure element' in all Ledger wallets are completely close source.

So, aside from breaches, which Ledger itself surely doesn't want to happen although it reflects how they treat its security, I guess the thing that mainly concerns me is their deliberate effort to introduce a feature to their users that goes against privacy, anonymity, freedom, control, and so on.

If you decide to remain with Ledger, I advise you not to subscribe to Ledger Recover. It makes everything pointless. You're keeping funds in a hardware wallet yet you submit to KYC and you share your recovery phrase with custodians. Why would you decide to self-custody in a cold wallet if you'd do that anyway, right?

Also, Ledger might actually have the ability to gain access to users' private keys.