GM
Basically Ledger have lost a lot of trust because -
They’re are not Fully Open Source
There is a possibility they export your private keys🚩🚩🚩🚩 (as not Open Source we really don’t know)
They sometimes force you to upgrade the firmware when using Ledger Live.
They shitcoin big time.
Possibility of regulatory capture
No coin/utxo control (that I’ve seen)