Ledger Recover
An optional paid key recovery service launched by Ledger in 2023. It encrypts and splits a user's seed phrase into shards that are custodied across three independent third-party organizations, enabling recovery of wallet access in the event of device loss.
Timeline (last 90 days)
Ledger Recover is an optional paid service launched by Ledger in 2023 that allows users to encrypt and split their seed phrase for custodial storage across three third-party institutions, enabling recovery of access through identity verification if the device is lost.
The 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.
After the Ledger Recover controversy escalated, Ledger released partial open-source commitments for its firmware, but the core Secure Element firmware remains closed-source.
All Facts (3)
Ledger Recover is an optional paid service launched by Ledger in 2023 that allows users to encrypt and split their seed phrase for custodial storage across three third-party institutions, enabling recovery of access through identity verification if the device is lost.
50%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.
50%UnverifiedAfter the Ledger Recover controversy escalated, Ledger released partial open-source commitments for its firmware, but the core Secure Element firmware remains closed-source.
50%