Does a smart-account recovery guardian get permission to spend all my crypto?

Guardian permissions depend on the wallet contract's recovery design. Some roles can initiate or approve ownership changes, while others have narrower powers; they should never be assumed harmless.

The answer

Guardian permissions depend on the wallet contract's recovery design. Some roles can initiate or approve ownership changes, while others have narrower powers; they should never be assumed harmless.

What to do next

Review the deployed contract, timelocks and guardian threshold before appointing a recovery party.

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ethereum.org — Wallet and account documentation

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Ledger hardware wallet

Relevant hardware-backed signing for supported assets; it does not eliminate gas fees, contract vulnerabilities or approval risks.

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