May 20, 2023

🀡 Wow, it turns out Ledger has always been able to extract keys from a user's device  

The company is digging an even bigger hole for itself. Ledger claimed in defense of its new feature to extract the SEED phrase from the device that in fact the company has always been able to do this.

💬 “If you look from a technical point of view, you could always write the firmware to extract the key. You have always trusted Ledger in the sense that the company will not deploy such firmware. It is important to understand that when a user chooses a hardware wallet, he trusts the developer of this wallet, that is, he is confident in the creation and maintenance of a secure device,” the company’s press service noted.

This tweet has now been deleted.

Something in general began to disappear the desire to buy any hardware wallet.🀣