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Ledger has announced a new crypto recovery service for Ledger device users, where private keys are encrypted, split into three shards, and stored by secure third parties for decentralized storage. Users can opt in for a monthly fee and have the option to recover access to their funds with personal identification and the encrypted shards. Some in the crypto community are questioning the security of their private keys on Ledger devices. This video will discuss ways to secure funds long term, including the use of Ledger devices if desired.
