Replying to Avatar Leo Wandersleb

https://void.cat/d/Y8MhmyM6yjVcknSpcxQBX.webp

This statement from Ledger themselves is "common knowledge" and the reason many people did prefer using hardware wallets with "secure elements" such as Ledger.

Now their latest feature revealed to many that they lied and they simply state the opposite:

https://void.cat/d/57LzPw5JLAt8tqDpxKFm5G.webp

Tweets are not deleted yet:

https://twitter.com/Ledger/status/1592551225970548736

https://twitter.com/Ledger_Support/status/1658892462440456192

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Discussion

It ultimately comes down to **you have to trust Ledger** which in combination with **Ledger lied** and **Ledger lost all user data** isn't such a great option.