Ledger has just announced to the world that their devices contain a backdoor allowing the private keys to be accessed from any device it's connected to.
A backdoor is a backdoor. It exists whether you turn the stupid "upload your private keys to AWS and give us KYC" erm... "feature" on or not. Either way this is a new attack vector that renders the entire point of owning a cold wallet utterly useless.
For all intents and purposes a Ledger is not cold storage. You might as well just keep your private keys on a USB stick. Same security.
I kinda started to suspect Ledger were becoming 🤡🤡🤡 with that chain and all the product placement in rap videos hence buying a Trezor.
My hunch was right. Moving 100% of my on-chain BTC to the Trezor now. Nothing on Ledgers.
Pablo Xannybar
npub17r…jjtgg
2023-05-16 15:51:59
Author Public Key
npub17rlc0emedw5xljztfqrmykjaacsx6ujvdas64zznjadrnhhwlavq4jjtggPublished at
2023-05-16 15:51:59Event JSON
{
"id": "fe23225519d7bd37c8e381d07f034a91a7f5ce008270582e9cb4837cedaef276",
"pubkey": "f0ff87e7796ba86fc84b4807b25a5dee206d724c6f61aa8853975a39deeeff58",
"created_at": 1684252319,
"kind": 1,
"tags": [],
"content": "Ledger has just announced to the world that their devices contain a backdoor allowing the private keys to be accessed from any device it's connected to.\n\nA backdoor is a backdoor. It exists whether you turn the stupid \"upload your private keys to AWS and give us KYC\" erm... \"feature\" on or not. Either way this is a new attack vector that renders the entire point of owning a cold wallet utterly useless.\n\nFor all intents and purposes a Ledger is not cold storage. You might as well just keep your private keys on a USB stick. Same security.\n\nI kinda started to suspect Ledger were becoming 🤡🤡🤡 with that chain and all the product placement in rap videos hence buying a Trezor.\n\nMy hunch was right. Moving 100% of my on-chain BTC to the Trezor now. Nothing on Ledgers.",
"sig": "4b1b9f9008380ba8841639c630e8c92815f6f09f9bc618e80170b1278cdc0c9d01ca37829fb653c7847815c674a01b649e97a9d1126ba5a35ffcc91027a0e199"
}