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Binance Freezes $4.2M In Stolen XRP Linked To $120M Hack

Published by
Benzinga

Binance CEO Richard Teng on Friday announced the crypto exchange froze $4.2 million in XRP (CRYPTO: XRP) tokens linked to the recent $120 million security breach. Teng said on X, formerly known as Twitter, that XRP Ledger’s developers, responsible for maintaining the blockchain utilizing XRP, alerted exchanges to be vigilant for deposits from wallets associated with the hacker. “We will continue to support Ripple in their investigations and their efforts to retrieve back the funds, including closely monitoring the majority of funds still in the exploiter’s external wallets in case they deposit…

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