XRP Investor Says $3M in XRP Was Stolen; Cold Wallet Maker Says Seed Import Made Wallet Hot

An investor in XRP has reported that a substantial sum of $3 million worth of XRP cryptocurrency was stolen from their account. In response to this alarming incident, the manufacturer of the cold wallet used to store the funds has claimed that the security breach occurred because the seed phrase associated with the wallet was imported incorrectly, thereby compromising its intended safety as a cold wallet and turning it into a hot wallet, which is more susceptible to online threats. source: https://www.coindesk.com/tech/2025/10/19/xrp-investor-says-usd3m-in-xrp-was-stolen-cold-wallet-maker-says-seed-import-made-wallet-hot