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Ledger to launch controversial recovery service

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On Oct. 24, the controversial Recover service from hardware wallet manufacturer Ledger is expected to be released. This was confirmed by the company’s CTO, Charles Guilleme. The solution provides a paid, optional subscription wallet recovery service for users who need a secure seed backup, Guilleme said. Ledger Recover, provided by Coincover, is launching today! This solution is a paid, *optional* subscription wallet recovery service for users who want a secure backup of their Secret Recovery Phrase. Let’s recap why this solution is a great and secure option for Ledger users — Charles Guillemet (@P3b7_) October 24, 2023 According to Guilleme, the Recover service will remain optional for Ledger customers, both at the release stage and during subsequent updates. Guilleme noted that owners of Ledger Nano X wallets can already test the innovation. If the service is inactive, just be patient. The company’s CTO also emphasized that the source code of the solution is publicl...