🚨 ALERT: XRP investor says $3M in XRP was stolen. This was a hot wallet theft, not a cold wallet compromise. He owned an ELLIPAL cold wallet but entered its seed on another iPad, exposing his keys online and turning it into a hot wallet. Beware of hot wallet risks. Use a cold wallet to protect large holdings.

🚨 ALERT: XRP investor says $3M in XRP was stolen. This was a hot wallet theft, not a cold wallet compromise.

He owned an ELLIPAL cold wallet but entered its seed on another iPad, exposing his keys online and turning it into a hot wallet.

Beware of hot wallet risks. Use a cold wallet to protect large holdings.

— Cointelegraph (@Cointelegraph) Oct 20, 2025