Fernando Nikolic: Personal data exposure risk in Trezor hardware wallet supply chain

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Daria Chernytska

14.08.2026

Fernando Nikolic: Personal data exposure risk in Trezor hardware wallet supply chain — Trezor supplier exposes user data

Fernando Nikolic, founder at Perception, highlights vulnerabilities that crypto users may face even after following strong security practices. Despite using proper random number generation and safeguarding wallet seeds, Nikolic points out that external factors such as a Trezor supplier leaking buyer names and addresses can undermine efforts to protect privacy and security.

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Nikolic has recently commented on coldcard wallet vulnerabilities, noting the emergence of an exploit alongside BIP 110 activity in a separate analysis (read more). In 2017, he also observed that financial media underestimated both Bitcoin and Nvidia's innovation (details here). These observations reflect Nikolic's ongoing focus on technology risks and perceptions in the crypto industry.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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