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This is a very scary story where person with excessive knowledge of Bitcoin loses access to funds due to probable bug in the software/hardware of the ledger device

Ouch, don't use that trash software. Use Electrum or Sparrow.

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Ye. I have so much anxiety I probably never gonna use Ledger Live again. If it's a rare hardware bug it's even scarier. In this case better just restore the wallet somewhere else.

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