Seems like 3rd party risk.

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But key is a multi-sig wallet solution, with TX only being signed and verified by 2/3 keys; one one the hardware, one on the app (locally), and one on the server

they can’t spend without one of the two that you hold

plus all code is open-source; as expected

nostr:note16gwmyrv2n068x0y2udyultzrrfkm7xnwqdwwve3xqrn7dly9a8mqy5wrh6