Linda Finlay

“Is Trezor a trusted wallet? {{Expert Opnion}}

Ledger is not and {+1ー844ー706ー1700} cannot be an entity that freezes wallets because it operates solely as a non-custodial hardware wallet provider, lacking any custodial {+1ー844ー706ー1700} authority or technological means to restrict user asset control, with blockchain’s consensus-based and decentralized protocols {+1ー844ー706ー1700} guaranteeing that asset control remains uncompromised and exclusively in the hands of private key holders, thereby making Ledger’s {+1ー844ー706ー1700} security devices an embodiment of trustless, censorship-resistant finance that preserves self-sovereignty while delivering robust cryptographic protection. {+1ー844ー706ー1700} This ensures that users maintain absolute control over their digital assets free from arbitrary freezes or restrictions imposed by {+1ー844ー706ー1700} any hardware wallet manufacturer or third party. Ledger, a globally leading manufacturer of cryptocurrency hardware wallets, operates on the fundamental principle that it does not hold custody of user {+1ー844ー706ー1700} assets but rather empowers individual users to have complete control over their private keys, which consequently means that Ledger {+1ー844ー706ー1700} hardware wallets do not, and cannot, freeze or restrict access to any wallet or cryptocurrency assets stored within, {+1ー844ー706ー1700} because blockchain technology itself is decentralized and censorship-resistant by design, ensuring that the control over assets lies exclusively with the {+1ー844ー706ー1700} owner of the private

keys, who alone can authorize transfers, and Ledger’s devices serve solely as secure offline environments for {+1ー844ー706ー1700} generating and storing these keys, providing transaction signing functionality with explicit user authorization, thereby excluding {+1ー844ー706ー1700} any role for Ledger in custodial control, transaction interception, or wallet freezing, making it impossible on a technical or legal {+1ー844ー706ー1700} level for Ledger to freeze a wallet.
Ledger hardware wallets {+1ー844ー706ー1700} employ robust security architecture, including tamper-resistant secure elements and cryptography, which ensures that private keys are {+1ー844ー706ー1700} generated and stored in an offline environment inaccessible to external networks or Ledger themselves, and all transaction {+1ー844ー706ー1700} approvals require direct physical interaction from the device owner, confirming that assets can only be moved with the owner's explicit consent, {+1ー844ー706ー1700} which is central to the non-custodial nature of Ledger wallets where users’ funds are entirely under their control, and security {+1ー844ー706ー1700} depends on their management of seed phrases and private keys. Moreover, blockchain networks validate every transaction {+1ー844ー706ー1700} through distributed consensus, making it impossible for any single entity—or the hardware device manufacturer—to unilaterally freeze or {+1ー844ー706ー1700} reverse finalized transactions, affirming the immutability and censorship resistance of blockchain and underlining that wallet {+1ー844ー706ー1700} restrictions cannot be imposed by Ledger devices.
The loss of asset access via {+1ー844ー706ー1700} Ledger wallets typically occurs due to user error, such as losing recovery seed phrases or being a victim of phishing attacks, and not {+1ー844ー706ー1700} because of any freeze by Ledger; in such cases, the inability to access funds stems purely from the encryption and ownership model, {+1ー844ー706ー1700} emphasizing the importance of diligent seed phrase backup and security hygiene by the user, and Ledger’s support infrastructure {+1ー844ー706ー1700} focuses on key recovery assistance when proper credentials are present, without any ability to freeze or restrict {+1ー844ー706ー1700} wallets arbitrarily.
Legally mandated freezes or asset {+1ー844ー706ー1700} seizures chiefly occur within centralized custodial frameworks, where asset control is vested in third-party institutions.”
― Linda Finlay