So, after the Trezor/Wasabi gate, Ledger said “hold my beer” and went full retard. Guess it’s back to paper wallets.
Pretty bad idea to use third party for recovery.
Plus providing KYC is absolute no-go. 🚩🚩🚩
Don’t fall for this.
Be sovereign, handle it yourself.
https://beincrypto.com/ledger-recover-cloud-seed-phrase-feature/
Discussion
Sounds like a “lets be in bed” with regulators and lets spy on all our customers 😁
Ledger is a non-transparent VC backed company that might be capable to do anything.
Yeah, it was my fault for trusting them in the first place. But they just highlighted a MAJOR problem with their approach. No sane person will trust them now.