If someone has a ledger but only uses it for Bitcoin, are they going to get rugged at some point?
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technically yes. but it depends on which ledger. the one without the bluetooth are generally safe.
why?
because ledger sends out your mnemonic. that is a single point of failure
The Ledger Nano S needs to be physically secured as its not tamper evident and subject to evil maid attacks
It’s always possible, if there’s a security flaw either in a future firmware upgrade, with the client software, or simply with the user’s own opsec.
#asknostr
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Probably not, but if it was open source someone could tell you for sure. Without that, we're operating in probabilities.
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I highly doubt you can get rugged.
They HAVE been sending other data off to a third party though.
Best to stop using it. Even if you're using it with electrum or sparrow