They decided to give the option of splitting your key and giving parts or it to third parties. Its opt in and the ledger S doesn't have the ability of doing it. CoinKite is still the better option IMO.
https://cointelegraph.com/news/ledger-co-founder-clarifies-there-is-no-backdoor-in-recover-firmware-update
Yup not only did ledger screw the pooch, they fucking killed it as well.
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