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Crypto Wins A Key Battle in its War with the SEC

The Breakdown

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Ledger's Failure to Remember Customers

In the past ledger had made it seem like there was no way for the device to ever send out a seed phrase. However, that seemed to be changing because of the device could copy that seed phrase and then encrypt it in three parts. The next day on Wednesday the CEO of ledger kind of got into it with people. He said this is what future customers want. This was exactly the wrong thing to say. We'll just further outrage the community. But I think it will be a lesson to just about everyone else in the hardware wallet space. stablecoins changed their reserve profile. tether announced they would be buying Bitcoin with their excess reserves which is basically the profit they make from holding US tre

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