Ledger’s New Multisig App Sparks Outrage Over Hidden Transaction Fees

Ledger, a well-known provider of hardware wallets, recently launched a new multisignature (multisig) app aimed at enhancing crypto security for users. However, the release has been met with significant backlash as users express outrage over unexpected transaction fees added to the app’s functionality. While the multisig feature offers enhanced protection against hacks and unauthorized transfers, this new system introduces additional cost that was not disclosed before the app’s launch.  The community is questioning Ledger’s transparency regarding its fee structure, particularly in light of a history of prioritizing profit over user privacy and control. This move has reignited concerns about potential monetization of essential features, potentially alienating the decentralized community values they hold dear. While Ledger asserts that these fees support secure multisig services, users remain skeptical and are exploring alternative solutions for managing their crypto assets without hidden costs.