This analysis describes what Ledger's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
The obligation to maintain secrecy is absolute and continuous, meaning any disclosure of the recovery phrase — even partial or temporary — falls outside what Ledger requires.
Readers are required to keep their recovery phrase secret at all times, with no exceptions stated.
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"Your recovery phrase is a key component of the security system for the sensitive content stored on your Ledger Product. It must be kept secret at all times.Excerpt from Ledger's Terms of Sale
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The obligation to maintain secrecy is absolute and continuous, meaning any disclosure of the recovery phrase — even partial or temporary — falls outside what Ledger requires.
Readers are required to keep their recovery phrase secret at all times, with no exceptions stated.
ConductAtlas has identified this type of provision across 281 platforms. See the full comparison.
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