Seed Phrases: The 12 Words Standing Between You and Losing Everything

On Jan. 10, 2026, a bitcoin and litecoin holder handed over their 12-word recovery phrase to someone posing as Trezor support and watched $282 million vanish in minutes, not because any encryption was broken, but because those 12 words are the entire wallet, and whoever holds them holds the funds. The Words Aren’t a Password. […]