Ledger CEO and ex-Mt. Gox chief clash over $90 million wallet scandal
- —Karpeles found a hidden board in a sealed Ledger wallet that captures the 24-word recovery phrase
- —Ledger admits its Genuine Check cannot detect implants if the original security chip is intact
- —Gauthier invoked Mt. Gox's 2014 collapse, when roughly 850,000 BTC went missing
- —Ledger halted sales via reseller CryptoBilis; rival Trezor is already cutting its dealer network
Why it matters: The dispute raises doubts about hardware wallet trust: even a genuine device may be compromised before it reaches the buyer.
Source: BeInCrypto FR