$23 000 USD

NOVEMBER 2022

GLOBAL

ELLIPAL

DESCRIPTION OF EVENTS

"Self-custody, full control of what yours Recommended by Forbes Trusted by users in over 140 countries Store over 10,000 coins and tokens"

 

"Air-gapped cold wallet is always 100% isolated from the internet. It is fully protected from unauthorized access, cyber hacks, malware, and any online threats."

 

"ELLIPAL was founded by two encryption technology experts, David and Thomas, in 2018. The company focuses on one-stop solutions for cryptocurrency security and blockchain service ecosystem. Headquartered in Hong Kong, ELLIPAL has warehouses in various parts of the world, such as Australia, Germany, the United States, and the United Kingdom to quickly meet the demands of fast growing customers."

 

"During a blockchain meeting in 2019,David proposed the concept of a cold wallet 2.0 and he named this new concept "air-gapped cold wallet". David applied this solution to ELLIPAL’s product: the ELLIPAL Titan Cold Wallet. The ELLIPAL Titan is the market leader of large screen air gapped cold wallet."

 

"We create the most secure cryptocurrency cold wallet and share a portable and fast cryptocurrency service system with all of mankind."

 

"Okay, I have received a new device (begin this week) and Friday our 19ETH has been stole. I have asked the Admin in this telegram group what is going on: https://t.me/EllipalOfficialSupport and the denied there is any security breach."

 

"Yes same here! It's gone! I have moved out the remains, but the most largely amounts have been stolen."

 

"In the telegram group, the deleted my messages about this. There is definitely something going on here!"

 

"Things are going weirder now. I have tried to come in touch with someone from Ellipal Support. But as soon as we are on a call they ask for my Private keys / Phase Prase. I have recorded this call. They give a suggestion for giving me my money back. I know how things are working so this rings some bells."

 

"Ellipal support makes clear this telegram group are scammers: https://t.me/EllipalOfficialSupport"

 

Explore This Case Further On Our Wiki

Reddit user jovanajovana claims that their 19 ETH appear to have been taken from their Ellipal wallet. While they claim that the Ellipal device was somehow implicated in the breach, there is no evidence to support this assertion and it appears that they were interracting with a fraudulent support channel shortly after the breach. It is unclear whether the theft was reported to law enforcement or investigated in any way.

Sources And Further Reading

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