The bottom line of this #Ledger Recover debacle is that because the code is closed source, your seed is secure to the extent that you trust Ledger to push code that keep it secure. This is nothing new but certainly a realization for many. One remediation for Ledger would be to open source their code. This would probably present some security trade-offs but Ledger credibility had been undermined to such a extent, that it is probably the move for them to do going forward. #crypto