What will happen to my digital assets if Ledger goes bankrupt?

3 answers

• Jessen MullinsAug 25, 2021 · 4 years ago
  If Ledger goes bankrupt, the digital assets stored in their wallets should still be safe. Ledger is a hardware wallet provider, which means that the private keys to access the digital assets are stored offline on the device itself. Even if Ledger goes bankrupt, the private keys should still be accessible and the digital assets can be recovered using other compatible wallets or software.
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• KatieScapeMar 18, 2022 · 4 years ago
  Don't worry! If Ledger goes bankrupt, your digital assets should still be secure. Ledger's hardware wallets are designed to keep your private keys offline, providing an extra layer of security. Even if the company goes out of business, you can still access your digital assets using other wallets or software that support the same standards as Ledger.
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• Ashutosh231Feb 02, 2024 · 2 years ago
  In the event that Ledger goes bankrupt, the digital assets stored in their wallets should not be affected. As a hardware wallet provider, Ledger does not have direct control over the private keys and digital assets stored on their devices. Users have full control and ownership of their digital assets, regardless of Ledger's financial situation. However, it is always recommended to have backups of your private keys and to use multiple wallets to ensure the safety of your digital assets.
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