Edward Farina, founder of Alpha Lions Academy, has issued a warning to XRP holders in response to comments made by an individual claiming to be a cybersecurity expert. In a strongly worded tweet, Farina rejected recent attempts to discredit the use of cold wallets , describing them as either “the dumbest take of the year” or “the most criminal.” His remarks were made in direct reaction to a video where the self-identified expert attacked the reliability and logic of cold wallet storage, questioning the judgment of cryptocurrency holders who use them. Clarification on Cold Wallet Functionality and Security Farina emphasized that devices such as Ledger, Trezor, or other hardware wallets do not store cryptocurrencies on the physical device itself. According to his tweet, these tools are secure mechanisms that store private keys, allowing users full access to their digital assets on the blockchain. He pointed out that ownership through cold wallets ensures users maintain control over their funds, distinguishing it clearly from custodial storage on centralized exchanges. He contrasted this with exchange-based storage, where users do not possess their private keys. Farina referred to historic exchange failures such as Mt. Gox and FTX as evidence of the risks associated with centralized custodianship. In his view, the ability to control one’s private keys represents true ownership, which is only achievable through self-custody methods such as cold storage. Be aware, $XRP holders Self-proclaimed “cyber security experts” are now telling people to avoid using cold wallets. This is either the dumbest take of the year… or the most criminal. When you buy a cold wallet like Ledger, Trezor, or even a budget option, your crypto is not… pic.twitter.com/DrPKVVPy5T — EDO FARINA 🅧 XRP (@edward_farina) June 16, 2025 We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Response to Cybersecurity Analyst’s Video and Claims The video that prompted Farina’s response features a man who repeatedly emphasized his cybersecurity credentials while criticizing cold wallets. He drew comparisons to traditional assets such as Tesla or GE stocks, asking rhetorically why anyone would consider placing them in cold wallets. He argued that cryptocurrency should not be treated differently and claimed that storing crypto on exchanges like Uphold, Kraken, or Robinhood was a more secure option, owing to their significant investment in cybersecurity infrastructure. He also questioned the security of using a cold wallet purchased online, suggesting that connecting such a device to unsecured networks—such as public Wi-Fi—could compromise user funds. Throughout the video, he repeatedly used profanity and dismissed cold wallet usage as naive and unwise, directly addressing XRP holders and challenging their understanding of digital asset custody. Community Reactions and Ongoing Support for Cold Storage In response to the video and Farina’s tweet, various community members echoed the CEO’s concerns. One notable reply came from an X user named Lion of Judah, who criticized the speaker’s professionalism and referred to him as a “clown.” The commenter also shared that they had used a Nano Ledger for nearly eight years without issue, reinforcing confidence in the security and reliability of cold wallet solutions when used correctly. Farina concluded his message by urging the community to stop spreading misinformation. He reiterated that, provided the seed phrase is safely stored and never shared, cold wallets remain one of the most secure methods of holding cryptocurrency. His intervention serves as a reaffirmation of long-held industry best practices surrounding self-custody and challenges narratives that favor centralized control over individual ownership. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Crypto CEO Sends Urgent Warning to XRP Holders appeared first on Times Tabloid .
