đš $XRP HACK â $3 Million Lost From âCold Walletâ! đš
A long-time XRP investor has reportedly lost 1.2 million XRP (â $3 million) in a shocking security breach.
At first, it seemed like a cold wallet theft â but investigators revealed the real cause:
đ» The user imported his seed phrase into a connected device, accidentally making the wallet âhot.â
Hackers then drained the funds within minutes.
This case highlights a painful truth â even experienced HODLers can slip up when moving between wallets.
đĄ Key Takeaways:
âą Cold wallets stop being cold the moment they touch the internet.
âą Never reuse or import a seed phrase from a secure wallet.
âą Always generate new keys on isolated, offline devices.
Analysts say the breach is sparking debate on how wallet makers communicate security risks â and what truly defines âcold storage.â
đ One click can undo years of protection â always stay alert.