Ripple CEO Claims No Wallets Compromised in Recent Cyberattackđ
Earlier today, Ripple experienced a significant cyberattack resulting in the loss of 112.5 million dollars' worth of XRP coins. Following the incident, the news caused a 4% decrease in the price of XRP tokens.
ZachXBT stated that the initial attack was linked to an address labeled "rJNLz3âŠojm". Following the Ripple attack, the perpetrators initiated a sophisticated laundering process, transferring the stolen XRP to various exchanges, including MEXC and Binance, the world's largest exchange by volume. These distribution methods are designed to conceal the cryptocurrency's origin, making tracking and recovery more challenging.
Cautionary Notice Releasedđł
It is clear that hackers are continually developing new tactics for their illicit operations. Recently, a deepfake video depicting Ripple's CEO sent shockwaves throughout the cryptocurrency market.
Hackers utilized a fabricated video, which did not feature Garlinghouse but was created to deceive viewers, in order to trick people into sending funds to their addresses under the false pretense that their XRP holdings would be doubled.
Deceptive schemes are advancing regularly, and it would be prudent for investors and traders to exercise vigilance in light of these developments.$BTC $XRP $SOL #xrp #BTC #hackers #scams #TradeNTell
