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The original was posted on /r/cryptocurrency by /u/DaveinOakland on 2023-07-26 04:22:55+00:00.

From what I gather Ledger was hacked and leaked email addresses of customers which allowed hackers to send phishing emails to wallet holders, and even send new hacked wallets to some customers. No customers had their wallets directly affected, and those affected were hit because they got phished.

Trezor didn’t get directly hacked but through a third party marketing company, the data on customers was also breached. They got the same info, they did the same thing, and went phishing. No wallets were directly hacked.

Both wallets had data breaches, both had zero wallets directly impacted (afaik), both are basically the exact same. So Ledger offers a backup of seed info and because they store that somewhere, and that means its possible to hack, that makes Ledger bad now? Even though this is something you need to sign up for?

Outside of not liking the CEO or how they handled PR, what’s the big deal that I’m missing? It sounds to me that both are still equally secure as long as you don’t respond or check shady emails from obvious phishers, and if you are really scared just don’t opt into Ledgers plan.