Authenticity Center

Why You Shouldn't Accept an 'Activated' Ledger — The Risk Mechanism

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An 'already activated' Ledger — regardless of how convincingly the seller explains it — carries the same risk profile: someone else may still hold the recovery phrase.

The mechanism

If the phrase was generated outside your control, you cannot prove only you hold a copy. The previous holder can restore the wallet on another device at any time and drain funds.

Why resellers do this

  • Shortcut the initialisation — 'so you can use it immediately'.
  • Hide that the device is second-hand.
  • Run a long-con scam on unsuspecting buyers.

What to do

Refuse delivery or ask for a factory-sealed unit. If already received, reset and re-initialise — then move any funds you planned to store there only after the fresh init is complete.

Safety reminder: Never share the recovery phrase or PIN. Low prices and unknown channels are high-risk; verify authorisation and seals, and if in doubt, cancel the order or return the device immediately.

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