XRP Investor Claims $3M Theft

XRP Theft Under Investigation

XRP investor alleged that $3 million worth of XRP was stolen. The investor noticed the loss on October 15 in the Ellipal app. It was stated that the theft occurred on October 12.

Cold Wallet Became Hot Wallet

Ellipal informed the investor that entering the seed key of a hardware wallet into the app resulted in the private keys being stored on phones or tablets, turning the wallet into a hot wallet.

App Provides Information with Color Codes

The investor observed a blue "cold" appearance in the iPhone app, but a orange "hot" appearance on the iPad device. This situation is directly related to the information provided by the Ellipal app through color codes.

On-Chain Analysis Report

On-chain analysis expert ZackXBT tracked the swap transactions of October 12 via Tron and then reached OTC (over-the-counter) markets.