Analyst warns $XRP holders after $90 million Ledger hardware wallet theft

Crypto analyst Steph Is Crypto has called on XRP holders to closely inspect their hardware wallets after reports surfaced of a major theft involving Ledger devices. The advisory highlights a critical security issue: a hardware wallet should never arrive with a recovery phrase already written down or included in the packaging. Steph Is Crypto drew attention to the risk by referencing a warning from a former Goldman Sachs analyst, who cautioned that any wallet arriving with a pre-filled recovery or seed phrase presents a serious security vulnerability.