Unverified50% confidenceFactExact time
After the Ledger Recover controversy escalated, Ledger released partial open-source commitments for its firmware, but the core Secure Element firmware remains closed-source.
1
Sources
50%
Confidence
Long-term
Relevance
10/12/2026
First Seen
Sources
Related Entities
Related Claims
UnverifiedThe architecture of Ledger Recover logically demonstrates that private key material can leave the Secure Element in some form, contradicting Ledger's previous official statement that private keys never leave the device.72% similarUnverifiedMainstream manufacturers such as Ledger have introduced Secure Element chips and firmware signature verification mechanisms, but these are predicated on the device not having been tampered with after leaving the factory.70% similarUnverifiedLedger has acknowledged the presence of a hidden chip in its cryptocurrency wallet.62% similar
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