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Man Who Recently Lost $3 Million XRP from Cold Wallet Releases Fresh Major Warning $XRP A shocking revelation has gripped the XRP community after a crypto investor lost nearly $3 million worth of XRP in what it appeared to be a cold wallet breach. The incident, which initially caused widespread panic among Ellipal hardware wallet users, has now taken a new turn as the victim, YouTuber Brandon LaRoque, released an update explaining how the theft really happened. His findings highlight a critical misunderstanding about how Ellipal’s wallet system operates and why millions of dollars in crypto might be at risk for those unaware of its dual setup. 👉Brandon’s Painful Discovery Brandon, known in the crypto space for his educational content and transparency, explained in his latest video that he had been using Ellipal’s software wallet on his iPad — not the hardware cold wallet — at the time of the hack. This wallet, he discovered, functions as a “hot wallet” within Ellipal’s ecosystem. While he initially believed his XRP was stored safely offline, much of it was actually in this online-accessible environment. $BTC $XRP

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