Ledger can be secure but not private, depending on their privacy policy

Ledger wallet, not as private as one might think

Without a doubt, one of the most popular hardware wallet manufacturers on the market today is Ledger. The company currently offers two wallet options, the Nano S and its more expensive counterpart, the Nano X. The company’s wallets are compatible with various third-party crypto apps, greatly increasing their adoption.

However, in recent weeks, the company’s ‘Ledger Live’ app has come under increasing scrutiny from crypto enthusiasts. This is because the app, which allows owners to interact with their wallets, collects the IP addresses of its users and keeps this data for a period of five years.

According to a Reddit thread from a few years ago, Ledger’s president and co-founder, Eric Larchevêque, maintained that his company did not “log IP addresses.” However, a quick look at the company’s current privacy policy suggests otherwise.