Ledger records which cryptocurrency wallet addresses you use in Ledger Live and links those addresses to your real name and email — effectively tying your identity to your crypto holdings.
This provision means your real identity is connected to your cryptocurrency portfolio activity in Ledger's systems — if this data is breached or subpoenaed, it could reveal your crypto holdings to third parties.
Cross-platform context
See how other platforms handle Collection and Linkage of Blockchain Address Data with Identity and similar clauses.
Compare across platforms →This linkage means Ledger holds data that reveals both who you are and what cryptocurrency you own, making you a higher-value target in any future data breach and potentially exposing sensitive financial information.
REGULATORY FRAMEWORK: This processing implicates GDPR Art. 6(1)(b) (contract performance) and Art. 6(1)(f) (legitimate interests) as potential lawful bases; however, given that blockchain addresses can reveal financial wealth and transaction history, this may constitute processing of data revealing financial status, potentially engaging heightened scrutiny under GDPR Art. 5(1)(c) (data minimisation). CNIL and other EU DPAs have issued guidance on blockchain data and privacy. In the US, FinCEN's cryptocurrency guidance and state money transmission laws may be tangentially relevant if this data is shared with regulated entities.
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