The Russian crypto community is not spoiled by the variety of hardware wallets, but this limited supply is starting to dwindle as Trezor announced the suspension of deliveries of its devices to Russia.
NBC News, citing Satoshi Labs representative Kristina Mazankova, reports that the company no longer supplies devices to Russia. According to her, supplies stopped immediately after the introduction of Western sanctions. It is not entirely clear how the sanctions limit the supply of cryptocurrency wallets, however, given that Satoshi Labs is located in the Czech Republic, the move is quite expected.
“Bitcoin is apolitical. I believe that bitcoin can help in a variety of situations, and it will remain so,” Mazankova said.
Despite statements about the “apoliticality” of the first cryptocurrency, Satoshi Labs is not going to remain out of politics. According to a representative of the Czech company, part of the employees of Satoshi Labs is “directly related” to the conflict between Russia and Ukraine. Most likely, we are talking about Ukrainian employees of the company.
It is worth noting that the cryptocurrency wallet manufacturer Ledger has not yet limited the supply of its devices to Russia. Now Ledger wallets are available for order, and the company estimates the delivery time at 15-30 business days.
Recall that at the beginning of the year, engineer Joe Grand exploited a Trezor One hardware wallet vulnerability to return more than $2 million worth of crypto assets to a user who had lost their PIN.
Source: Bits
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
