Ledger faces backlash for charging fees on 'free' security upgrade
Yesterday, hardware wallet manufacturer Ledger announced support for “clear signing” on its devices for multisig users. The move was initially praised as an important step to protect against attacks reliant on “blind signing” such as February’s $1.5 billion ByBit hack. However, the fine print revealed that the “free” service would actually cost $10 per transaction or 0.05% of the amount transferred, on top of gas costs. “Ledger Multisig is free.” it’s clearly not free? https://t.co/7SgHjCfY9L pic.twitter.com/LDxNEKjFBn — SS (@sshxbt) October 24, 2025 Read more: Crypto exchange Bybit hacked for over $1.4 billion Why ‘clear signing’? Multisig wallets are seen as highly secure; they require a specified threshold of signers to approve transactions. For this reason they’re used to hold vast quantities of funds across the decentralized finance (DeFi) sector. Safe{Wallet}, the most well-known multisig, claims that over $60 billion wort...