Ellipal MainBlocks.xyz Phishing Moist_Smoke_4603

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Ellipal Hardware Wallet

Reddit user Moist_Smoke_4603 went to Reddit to get help with a transaction issue he was experiencing with a withdrawal of his Cardano. He found someone who appeared willing to help, who asked him to synchronize with a website. Once his seed phrase was entered on the phishing site, his funds (£2k in different assets) were taken.

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

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."

"Hello Hello Welcome on board This is your assigned customer assistance Live Chat . Your security number is (AP-W79187). Please keep this safe as we proceed. How can we be of assistance to you? NOTE: All chats are been recorded for aid and quality assistance purposes. In regards to your last post this is due to the error node string you shouldn't be encountering this error if you had synchronized your wallet to the Cardano firmware chain then your transaction can be successful"

"Thank you. Is there anything can do to fix this or have I lost my tokens, thank you for helping"

"Get on the web wallet https://mainblocks.xyx Click on Cardano Chain Choose Ellipal wallet end proceed to synchronize securely . After synchronization, Select Correct Node String."

"It’s over now everything from my wallet completely gone, I got scammed by someone I thought was helping me, I’m gutted"

"Not far off £2k in different assets the wife doesn’t know yet so might even be on the streets after this weekend"

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.

Key Event Timeline - Ellipal MainBlocks.xyz Phishing Moist_Smoke_4603

Date	Event	Description
July 7th, 2022 11:32:12 AM MDT	Request For Help	Moist_Smoke_4603 makes a Reddit post asking for help with their transfer of 49 Cardano, which appears to be lost.
July 7th, 2022 4:48:12 PM MDT	Post About Incident	Moist_Smoke_4603 announces the incident and that their funds are now all lost.
July 7th, 2022 4:50:56 PM MDT	Gutted Comment	Moist_Smoke_4603 replies to inform the community that they "got scammed by someone" and are "gutted".

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 $2,000 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

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.