Dear Council
It has been a while since Paradox posted a video on YouTube. But when he does, it is always high-quality and educational. This one is no exception.
There was an update to the Polkadot Network and Ledger Live isn't working. There's no foreseeable remedy as Ledger would be required to update Node and they are hesitant. Ledger Live users are left stranded and frequently visit the support channels for assistance to regain access to their accounts. There is sometimes panic as users believe that funds are stored in their "ledger". This video lays out the scenarios and explains the reasons.
This video covers:
P.S. Add a clickable link: https://www.youtube.com/watch?v=fqE1DNjt-CQ
Link to Video: Watch on YouTube