@Ledger@HeyTaiZen What’s the point in checking only the secure element where the current modus operandi is easier, cheaper, faster? I got a false sense of security from this episode.
> "The Secure Element chip is designed to detect physical tampering and will refuse to execute unsigned code or pass the genuine check if extra hardware attempts to intercept signals."
Not only is this misleading consumers into believing the Secure Element can detect "extra hardware," but Ledger's own documentation explicitly states:
> "Note that a Genuine check cannot detect unauthorized physical modifications to the hardware, such as spying implants, if the original Secure Element remains intact."
@Ledger_Support's statement directly contradict Ledger's own technical documentation, and less than two months later, we're seeing reports of over $90 million stolen through precisely the kind of "extra hardware" intercepting signals that Ledger assured customers would be detected.
And here's the worst part: Ledger had already published photographs of actual spying implants in its March 2026 Ledger Academy article, including sophisticated, mass-produced PCBs installed in multiple Ledger models.
This wasn't some hypothetical attack they hadn't anticipated. They had already documented the threat, yet months later, their official Support account was assuring customers that Genuine Check would detect precisely this kind of hardware modification.
How is this not misleading advertising?
https://t.co/0smPWJYBFx
RAOUL PAL: ETHEREUM IS "WILDLY UNDERVALUED"
This is exactly how I see Ethereum's future.
Raoul Pal, @fundstrat and I share a fundamental belief: the transformation of global finance will create enormous demand for programmable blockchain infrastructure.
And Raoul makes a particularly important point: Ethereum's value goes far beyond the fees it collects today.
Look at what's already built on Ethereum mainnet:
🔹 $144B in stablecoins
🔹 $50B locked in DeFi
🔹 $16.8B in tokenized real-world assets
And we're still in the early stages of tokenized equities, AI agents and automated financial markets, potentially creating another enormous wave of demand for smart contracts.
The opportunity isn't simply how much Ethereum is worth today.
It's how much of tomorrow's financial system could ultimately depend on it.
And with more than 6 million ETH, BitMine is making one of the largest bets on that future.
$ETH $BMNR
@Ledger@0xSchnitzel What’s the point in checking only that the secure element is genuine? It’s unlikely it will be replaced rather than a cheaper approach of the recent modus operandi.
@Ledger You think you have responded appropriately, but how people assessed whether you responded fairly and sufficiently is another perspective altogether. Do you really think you acted appropriately before and after the incident?