Anything new other than the fact that personal information of their customers were leaked few years ago?
Discussion
Yeah man , they in bed with regulatory agencies , hows that for ya?
I don't really care. I don't use ledger, never trusted them nor I intend to start. Just curious and want to see the source.
Yes. They just launched a service to store your seed phrase in the cloud for you as a “backup.” This comes out just as Ledger’s co-founder admits they already have a back door to users’ private keys

Well, storing seed in cloud is dumb. But nowhere in the message I see anything that would be stating or admitting having backdoor to your private keys in ledger. Only when you decide to use such feature, only then the encrypted shards of the seed will get uploaded out of your device.
It kind of seems like the unfounded spook that was floating around when Trezor implemented coinjoin and that they are now censoring your transactions which are not OFAC compliant. But the truth lies in nuances and basically is very much different than what was written all over #bitcoin Twitter and #nostr.