Can you explain how you believe this theft took place? He imported his seed phrase into the Ellipal app on his own device, (not a website) and that would be enough to expose it to a hacker? I feel like I’m missing some information.
Discussion
Hot wallets are vulnerable inherently.
As soon as that seed phase touches a device that can access the internet there’s a greater than zero percent chance you can loose your stack.
I understand that, I’m just wondering what happened after it was imported, like maybe he pasted it somewhere else that was accessible to a hacker.