✍️ Binance Freezes $4.2M in XRP Tokens Stolen From Ripple Executive's Wallet 😯
Over $120 million in XRP was stolen from Ripple Labs Executive Chairman Chris Larsen earlier this week. 🔥
Crypto exchange Binance froze $4.2 million worth of xrp (XRP) tokens tied to this week's $120 million exploit, CEO Richard Teng said in an X post.
Teng said XRP Ledger developers, who maintain the blockchain that uses XRP, had flagged the exploit to exchanges and asked them to look out for deposits related to exploiter wallets.
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 to Binance," Teng said.
