ZachXBT Calls Hardware Wallets 'Complete Garbage', Says Ledger Is the Worst

Onchain investigator ZachXBT has sparked debate by calling hardware wallets 'complete garbage' and unsuitable for signing transactions or storing significant crypto. In a Telegram post, he recommended using a dedicated iPhone for crypto activities instead. He singled out Ledger as 'the worst,' criticizing frequent software updates that disrupt functionality. ZachXBT did not claim any new vulnerability but focused on usability and ecosystem complexity. The discussion highlights that human error remains the weakest link, as evidenced by a $282 million theft earlier in 2026 due to social engineering. A fake Ledger app on Apple's App Store stole $9.5 million from over 50 victims. ZachXBT's proposal of a dedicated iPhone leverages Apple's Secure Enclave but experts note smartphones remain internet-connected and not equivalent to cold storage. The debate underscores that hardware wallets are marketed as complete security solutions while risks increasingly originate outside the devices.