"When you subscribe to Ledger Recover, a pre-BIP39 version of your private key is encrypted, duplicated and divided into three fragments, with each fragment secured by a separate company - Coincover, Ledger and EscrowTech. When you want to get access to your wallet, 2 of the 3 parties will send fragments back to your Ledger device, reassembling them to build your private key,"

"your identity details are collected by Ledger Recover ID verification service providers. Coincover and Ledger store an encrypted excerpt of this data."

"Coincover will never pass your information to a third-party unless it has a legal obligation to do so,"

Ledger Recover availability depends on the country in which your passport, national identity card, or driving license was issued. At the moment, a passport/national identity card issued by the European Union, the United Kingdom, Canada, and the United States, or a driving license issued in the United States, is required to subscribe to the service."