XRP Hit First in Binance Hack: Five Wallets Drained in About Four Minutes

Binance’s wallet breach involved approximately $296 million in XRP transfers, blockchain investigators found. Ripple froze stolen RLUSD during the response, and the exchange subsequently said its XRP customer balances were fully backed. Five Payments Consolidated $296 Million Binance lost approximately $296 million in XRP on Oct. 29, TRM Labs’ transaction tracing found. The blockchain intelligence […]
Key Takeaways
- Binance’s wallet breach involved approximately $296 million in XRP transfers, blockchain investigators found.
- Ripple froze stolen RLUSD during the response, and the exchange subsequently said its XRP customer balances were fully backed.
- Five Payments Consolidated $296 Million Binance lost approximately $296 million in XRP on Oct.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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