One threat is that a malicious actor uses a compromised device to fake a "legitimate" verified image.
This image can now be injected into the news cycle and be taken seriously.
Keeping a secret on the camera is more or less the "jailbreak problem", aka being able to make a dvd player or console that only does the things that the manufacturer wants.
I will be pretty sad if this problem is actually "solved" effectively because it portends a future where manufacturers can completely curtail user freedom. But...
If the key on the device is compromised by reverse engineering or because the manufacturer is compromised then the whole root of trust is gone.
Attackers can choose the weakest brand of camera.
You now have some doubt about any image that has been "verified" because it could have come from a compromised camera secret.
All the rest of the stuff, the blockchain, etc depends on the root of trust in the camera.
You also now have debates around camera country of origin because there is no near future world where governments can't lean on local manufacturers. Finally, doubt can be thrown on images retro-actively if we later learn that a camera we thought was secure, has vulnerabilities.