In a recent interview, Ledger CEO Pascal Gauthier confirmed that the government could access clients’ private keys through the Ledger Recover feature in case of a subpoena.
Ledger Recover
Even though he clarified that “subpoenas are not for everyone,” his comments confirmed what the crypto community believed about Ledger devices.
Typically, subpoenas are issued in extreme cases. For example, they can target individuals suspected of engaging in terrorist activities and breaking existing anti-terrorist financing rules.
Ledger is a hardware wallet manufacturer, and through their devices, users can store the private keys of several cryptocurrencies, including Bitcoin, Ethereum, and other tokens.
In crypto, private keys are important seed phrases for signing outgoing transactions. Without a private key, a user cannot confirm coin…
