Ignorant question?

I am using a Ledger wallet.

What happens if Ledger "goes down" , dissapears, or for whatever reason becomes controlled by some entity with nefarious purposes?

Could I lose access to my coins?

I always read everywhere people should keep they keys, and I agree that is good advice. However... Can it happen that cold wallet companies are taken over, or go bankrupt, etc? What happens in that case?

submitted by /u/peeknic
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