🔔 Binance CEO Announces Successful Freeze of $4.2 Million in Ripple Co-founder's Stolen Assets, Vows Continued Support in Investigation !
Ripple's co-founder and executive chairman, Chris Larsen, reported "unauthorized access" to his personal XRP accounts last Wednesday. Approximately 213 million XRP, valued at $112 million, were transferred from Larsen's holdings. Binance's CEO, Richard Teng, revealed that his platform successfully froze $4.2 million worth of the stolen XRP following the exploit. Teng acknowledged the community's efforts and collaboration with the Ripple team in addressing the security breach.
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