It's a distraction from being a closed source wallet
Any closed source wallet could comply with a subpoena because it doesn't let you hold your keys independently
They just want you to think Ledger is special for having this flaw so you'll assume other closed-source wallets are magically fine
FYI Ledger's Bitcoin app is open source, although the BOLOS operating system itself is not.
https://github.com/LedgerHQ/app-bitcoin-new
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