Ledger Co-Founder And Ex CEO Apologizes For The PR Disaster

Éric Larchevêque, co-founder and the former CEO of Ledger, took to Reddit to apologize about the Ledger Recover launch and how it was handled.

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Eric blamed all the backlash that Ledger received over its Recover is only a PR failure and not a technical fault.

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“Ledger Recover service was put in your face in the worst way possible,” Eric said.

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As reported earlier, Ledger launched its Ledger Recover update that caused a stir online.

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This update allows users to secure their seed phrase by encrypting it in three pieces that will be held in three places.

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A user will have to provide their ID or passport to confirm their identity if they want to use the Ledger Recover service.

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Ledger seems to have opened a can of worms with its latest update as users start to lose confidence in their service.

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