ZachXBT Slams Ledger: Privacy Breaches and Fees Spark Outrage

Privacy Issues Raise Concerns

Recently, ZachXBT pointed out in a lengthy post that Ledger has experienced multiple security breaches, leading to the exposure of user privacy data. These leaks not only damage user trust but also result in targeted thefts, causing millions of dollars in losses.

Product Flaws Spark Dissatisfaction

Ledger's products, particularly the Ledger Nano X, have been reported to have battery issues. These technical flaws have sparked strong dissatisfaction among users, many of whom are calling for the company to address these problems promptly.

Fee Strategy Under Scrutiny

At the same time, ZachXBT questions Ledger's fee structure. Despite plans to charge proportional fees for the clear signing feature, the company's intention to pursue a U.S. IPO has been viewed as an attempt to 'maximize extraction' from users.

User Reactions and Future Outlook

Users' frustration with Ledger is growing, with many urging the company to rethink its business strategies. In the future, Ledger must focus more on security and user experience to regain customer trust.