Ledger CEO responds to former Mt. Gox CEO: It should be based on facts rather than baseless speculation, you are not a white knight

Oct 18, 2026 10:09:57

Ledger CEO Pascal Gauthier responded to former Mt. Gox CEO Mark Karpelès' warning about the security risks of hardware implants, questioning his stance and stating that Ledger has always done its utmost to protect users.

Pascal Gauthier stated that the relevant security work is extremely challenging, acknowledged Karpelès' concerns, but requested that he speak based on known facts and avoid speculation, while also sarcastically saying, "Come on, you're not some white knight, be realistic."

Previously, Mark Karpelès accused Ledger of potentially avoiding over $90 million in losses if it had disclosed relevant issues in a more timely and effective manner, rather than just publishing a discreet article on Ledger Academy. He also questioned why Ledger had not maintained sufficient vigilance regarding the mass production of advanced implant devices.

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