Security· ★★★· bearish·

Karpeles accuses Ledger of false advertising over Secure Element claims

  • —Karpeles: Ledger said the chip blocks Genuine Check when extra hardware intercepts signals
  • —Ledger docs: Genuine Check cannot detect unauthorized implants if the Secure Element is intact
  • —He cites over $90 million stolen through such hardware implants
  • —Ledger published photos of production spy PCBs in devices back in March 2026
Why it matters: The dispute hits the reputation of the largest hardware wallet maker and could escalate into legal action in France.
Source: PANews