An American retiree says more than $3 million in XRP vanished after he checked Ellipal’s mobile app on Oct. 15 and saw his balance gone, a discovery that spurred an on-chain tracing effort by pseudonymous analyst ZackXBT.
CoinDesk has not independently verified the investor’s identity, balances, or the complete on-chain path. The account comes from several YouTube videos posted since Oct. 15, Ellipal’s public statement on Oct. 18, and ZackXBT’s Oct. 19 X thread.
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What the victim says happened
The investor, who identified himself as Brandon, said he lives in North Carolina, is 54, and that his wife, 60, is also retired. He said the XRP position was almost their entire retirement savings and that they had planned to buy
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