Gauthier Confirms Potential Subpoena of User Seed Phrases

The original seed phrase remains on the device despite the numerous accusations made against the company on social media.

Gauthier Confirms Potential Subpoena of User Seed Phrases
Gauthier Confirms Potential Subpoena of User Seed Phrases

Pascal Gauthier, CEO of Ledger, has confirmed that the private seed phrases of users who opt into Ledger’s controversial new Recover upgrade could, in theory, be subpoenaed by governments.

The most recent firmware update from Ledger and hardware wallets in general have been controversial topics over the past week.

The company has described the new Recover upgrade as an optional firmware update that enables users to back up their seed phrases with third-party entities if they lose their seed phrases.

If a user opts into the service, the seed phrase is split into three encrypted fragments known as “shards,” which are then stored with three distinct entities:

Coincover, Ledger, and an independent backup service provider. Speaking on Peter McCormack’s What Bitcoin Did podcast, Gauthier admitted that while the new Recover update could technically result in government entities receiving users’ seed phrases, this would be reserved for “serious acts” such as drug and terrorism-related crimes.

“It’s not true that the average person gets subpoenaed everyday.”

In 2018, Coinbase was subpoenaed by the United States Internal Revenue Service and required to hand over the personal information of 13,000 users, according to the podcast’s host, McCormack.

Gauthier refuted this example as a flawed comparison. He explained that, unlike Coinbase, Ledger is not a financial institution and therefore is not subject to the same legal constraints.

Notably, while some users, such as the pseudonymous crypto commentator 0xFoobar on Twitter, view the update as an inexcusable privacy breach, Ledger representatives maintain that these concerns are vastly exaggerated.

A spokesperson for Ledger stated, “The core value proposition remains the same as it has always been; the ethos of self-custody and self-sovereignty means you have a choice.”

“The introduction of Ledger Recover does not alter this; it is entirely up to you if you wish to subscribe to this service.”

Ledger revealed that despite the numerous accusations against the company on social media, the original seed phrase remains on the device.

“If you choose, you are creating an SSS-encrypted and sharded backup. These shards are completely useless unless the user restores the backup on a Ledger device, and only on a Ledger device because decryption requires multiple pieces.”

“If you don’t want to use Ledger Recover, nothing changes for you.”

When asked if there were plans to open source their firmware code — a move that competitor cold wallet provider Grid Plus is currently pursuing — Ledger stated that it is not possible to make the inner workings of its “secure element” chip open source due to legal restrictions from the chip manufacturer.

“We will continue to open source more and more of our code until we reach a level similar to the Raspberry Pi, where only a small portion of the code related to the Secure Element is closed, as required by law.”


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