Quote from: satscraper on Today at 06:27:52 AM

Quote from: dkbit98 on September 01, 2025, 07:52:27 PM

That basically mean they are going to implement compliance measures to prevent transactions involving sanctioned countries, entities, individuals and wallet addresses, and they are masking this as user protection Roll Eyes

This is just the jumpscare because, technically, such blocking is possible if users rely onL edger's own servers to send transactions, which means using Ledger Live app. If users use other nodes and apps, this is not an issue. Therefore, those under sanctions need not worry.

That said, I agree it’s better to switch to another wallet rather than continue using Ledger devices ^{not because of sanctions, but due to security concerns}.

It's scary. I almost couldn't believe it when I saw this news. Bitcoin is neutral when it comes to transactions. Bitcoin doesn't ask for your name, check your documentation, or check whether your name is registered with OFAC before making a transaction. However, Ledger is going against Satoshi Nakamoto's principles. He created Bitcoin to be neutral.

Furthermore, it seems that the restriction imposed only applies to Ledger Live, but what guarantees me that in the future, some government will pressure Ledger to censor users or even seize funds from users who interact with sanctioned addresses or those with a high AML score? Who knows, maybe this is the real purpose of ledger recover?

Can you understand how dangerous this is?

However, if I connect my Ledger to a random Electrum server or even use my own server, Ledger won't have the power to censor transactions.

But what stops a third-party server from doing the same? That's why it's important to run your own full node and broadcast your own transactions.