Azoundria: Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/ellipalfundsremovedjovanajovana.php}} {{Unattributed Sources}} Ellipal Hardware WalletReddit 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 fraudule..."

2023-11-14T21:48:55Z

Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/ellipalfundsremovedjovanajovana.php}} {{Unattributed Sources}} thumb|Ellipal Hardware WalletReddit 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 fraudule..."

New page

{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/ellipalfundsremovedjovanajovana.php}}
{{Unattributed Sources}}

[[File:Ellipal.jpg|thumb|Ellipal Hardware Wallet]]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.

This is a global/international case not involving a specific country.<ref name="redditold-12041" /><ref name="youtube-12035" /><ref name="redditold-12042" /><ref name="redditold-12043" /><ref name="youtube-12036" /><ref name="youtube-12037" /><ref name="redditold-12038" /><ref name="ellipal-12039" /><ref name="ellipal-12040" /><ref name="coinmarketcap-4651" />

== About Ellipal ==
"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"

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

* Known history of when and how the service was started.
* What problems does the company or service claim to solve?
* What marketing materials were used by the firm or business?
* Audits performed, and excerpts that may have been included.
* Business registration documents shown (fake or legitimate).
* How were people recruited to participate?
* Public warnings and announcements prior to the event.

Don't Include:
* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
* Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
{| class="wikitable"
|+Key Event Timeline - Ellipal Funds Removed jovanajovana
!Date
!Event
!Description
|-
|November 26th, 2022 2:27:41 AM MST
|First Theft Comment
|jovana reports the theft of 19 ETH.
|-
|November 26th, 2022 2:30:19 AM MST
|Comment About Theft
|jovana reports the theft and has moved out other funds from their account.
|-
|November 26th, 2022 2:38:31 AM MST
|Telegram messages deleted?
|jovana reports that their Telgram messages were deleted.
|}

== Technical Details ==
This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

== Total Amount Lost ==
The total amount lost has been estimated at $23,000 USD.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?
== Individual Prevention Policies ==
{{Prevention:Individuals:Placeholder}}

{{Prevention:Individuals:End}}

== Platform Prevention Policies ==
{{Prevention:Platforms:Placeholder}}

{{Prevention:Platforms:End}}

== Regulatory Prevention Policies ==
{{Prevention:Regulators:Placeholder}}

{{Prevention:Regulators:End}}

== References ==
<references><ref name="redditold-12041">[https://old.reddit.com/r/ELLIPAL_Official/comments/z35mqx/just_pulled_up_the_ellipal_app_and_my_balance_is/ixtzbi0/ jovanajovana comments on Just pulled up the Ellipal app and my balance is showing zero] (Dec 23, 2022)</ref>

<ref name="youtube-12035">[https://www.youtube.com/watch?v=PNxAmWxndrs #Bitcoin #Ethereum, #Litecoin, #ADA How to link your #coldwallet account to ELLIPAL App? - YouTube] (Dec 23, 2022)</ref>

<ref name="redditold-12042">[https://old.reddit.com/r/ELLIPAL_Official/comments/z35mqx/just_pulled_up_the_ellipal_app_and_my_balance_is/ixu66w3/ jovanajovana comments on Just pulled up the Ellipal app and my balance is showing zero] (Oct 16, 2023)</ref>

<ref name="redditold-12043">[https://old.reddit.com/r/ELLIPAL_Official/comments/z35mqx/just_pulled_up_the_ellipal_app_and_my_balance_is/ixtz50l/ Just pulled up the Ellipal app and my balance is showing zero : ELLIPAL_Official] (Oct 16, 2023)</ref>

<ref name="youtube-12036">[https://www.youtube.com/watch?v=24_OI9kL1UU #Bitcoin #ETH #crypto #hardwarewallet How to use ELLIPAL Titan to send and receive transactions? - YouTube] (Oct 16, 2023)</ref>

<ref name="youtube-12037">[https://www.youtube.com/channel/UClfY7g0xVWG3YBvxA8cMtxg ELLIPAL - YouTube] (Oct 16, 2023)</ref>

<ref name="redditold-12038">[https://old.reddit.com/r/ELLIPAL_Official/comments/ztiu0l/scammed/j5yzlrn/ LockCertain4138 comments on Scammed] (Oct 16, 2023)</ref>

<ref name="ellipal-12039">[https://www.ellipal.com/ ELLIPAL Official Website | Leader of Air-gapped Crypto Hardware Wallet] (Oct 16, 2023)</ref>

<ref name="ellipal-12040">[https://www.ellipal.com/pages/about-us-ellipal ELLIPAL Company Information] (Oct 16, 2023)</ref>

<ref name="coinmarketcap-4651">[https://coinmarketcap.com/currencies/ethereum/historical-data/ https://coinmarketcap.com/currencies/ethereum/historical-data/] (Dec 21, 2021)</ref></references>

Ellipal Funds Removed jovanajovana - Revision history