Ellipal Hardware Wallet Hacked, User Loses $3M in XRP to Sanctioned Launderers

A US-based crypto holder lost $3.05 million worth of XRP after their Ellipal wallet was compromised, with stolen funds traced by ZachXBT to money laundering networks linked to Huione, a sanctioned Southeast Asian criminal marketplace that has processed over $27 billion in crypto since 2021.

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