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Been tracking this whole ledger drama this week and now it's becoming serious... Backdoor, third party and now this.

Not sure why anyone thought that wouldn't be the case. Ledger has been under pressure lately though I guess they got to them.

Is it an opt-in program or guaranteed to happen thing? Just don't give them your seed.

"Opt-in" but the logic is in the firmware, so anything is possible. They recently just had a bug that was patched a week ago that allowed you to spend bitcoin without signing the transaction.

Sounds like ledger is more of a danger than a security then.

The governments everywhere are scrounging around for money trying to take the little one has made!