Ripple About to Crush SEC | Bitcoin Holders Not Happy About Ledger's Decision

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Today let's talk Bitcoin, Crypto, and about the US market. SEC loses a huge court battle today against Ripple...is XRP about to PUMP? What did hardware maker Ledger announce today that sent shockwaves to Bitcoin and Crypto Holders?

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Nobody buys a ledger unless they want total control… this is very very very bad for ledger

krisoverton
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Yep, a bud light moment! Ledger should have just released a new hardware wallet instead of "adding features" a current device! They made up my mind for me, not buying a Ledger

standalm
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Ripple, after they win, should SUE the SEC for court fees and the cost to litigate this frivolous case.

Databyter
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If only on X, but has a backdoor, wouldn't it be possible to backdoor any ledger since they all use the same software?

reocurringdream
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Completely agree on your questions about Ledger. Not a good thing.

olveaustlid
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Ledger needs a better marketing director....good grief and CTO it seems.

reacherous
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Trezor also had a thing today, with the wasabi privacy feature, that in the terms of use, is basically a social credit score where they can refuse transactions.

moremail
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@16:27 - I don't think it's a backdoor. The nano has the private key already stored on it. I can update my nano X software from my computer. The update code could instructs nano to return the key over usb after the user enters their pin code,
I don't think that is impossible. It just seems to go against the promise of Ledger always keeping the private key on the nano hardware

alikaperdue
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I bought a ledger nano x after loosing a bunch of my crypto with the Celsius fallout. your 100% right. this is not what their customers want! now time to find a new wallet I guess... sad.

southfloridagearheads
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If this was already built in and we never knew about it, how can we even trust nano again? They might have other features built into devices they release without this specific function

Geeza-rckz
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I dont like the ledger idea but minimum they need to have insurance if somebody get hacked whit that new monthly option

PIKOLO
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I thought you can reset the phrase but takes time

broadsound
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Give Ledger a break. All wallet providers have backdoor to access seed phrase. If they know how to give us one, of course they know how to take it back. At least Ledger is honest & they just want to expand their business and make some money. So either take it or leave it✌

masterv
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George wins the Internet with his timely delivery of 'Not your keys, not your crypto.'

tracygarrett
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I think you are correct sir! Ledger just bit themselves in the ass! 😅😅

kennycarneal
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Actually, if Ledger had had the possibility of accessing your key, all those that lost their keys and lost their crypto wouldn't have had any problems. So that interpretation might not be accurate.

JorgeReyes-itjr
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So if u lose your Aurex wallet.. everything is gone?

cromcccxvi
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Your seed phrase has always been at Ledger....
HOW DO U THINK RECOVERY WORKS?

cromcccxvi
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How in the hell can LIL RIPPLE CRUSH THE 😏

UserUser-sfqy
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I have the Nano X, I'm not doing that... but I suppose people should have the option

cromcccxvi