🚨 $83 MILLION OF STOLEN XRP IS ON THE MOVE.
The fallout from the $387.5M exchange breach just got even more serious.
💰 Around $83M in stolen XRP has reportedly been moved from three holding wallets.
👀 Meanwhile, roughly $75M remains sitting in wallets that can’t simply be frozen under XRP Ledger rules.
And here’s where it gets interesting:
🔒 Exchanges can blacklist addresses receiving the stolen funds
❌ But the attacker’s XRP wallets themselves can’t just be frozen
🪙 Circle + Tether have reportedly frozen around $320K in related stablecoins
🛡️ The exchange says its protection fund will cover customer losses
Withdrawals are expected to resume gradually between Sept. 28 and Oct. 2.
So the biggest question now isn’t just “Who hacked the exchange?”
It’s:
How much of the stolen XRP can actually be tracked, frozen, and recovered? 👀
The blockchain is watching every move.
And $83M has already started moving.
This story is FAR from over. 🚨
#XRP #Bilverse #CryptoSecurity #CryptoNews
The fallout from the $387.5M exchange breach just got even more serious.
💰 Around $83M in stolen XRP has reportedly been moved from three holding wallets.
👀 Meanwhile, roughly $75M remains sitting in wallets that can’t simply be frozen under XRP Ledger rules.
And here’s where it gets interesting:
🔒 Exchanges can blacklist addresses receiving the stolen funds
❌ But the attacker’s XRP wallets themselves can’t just be frozen
🪙 Circle + Tether have reportedly frozen around $320K in related stablecoins
🛡️ The exchange says its protection fund will cover customer losses
Withdrawals are expected to resume gradually between Sept. 28 and Oct. 2.
So the biggest question now isn’t just “Who hacked the exchange?”
It’s:
How much of the stolen XRP can actually be tracked, frozen, and recovered? 👀
The blockchain is watching every move.
And $83M has already started moving.
This story is FAR from over. 🚨
#XRP #Bilverse #CryptoSecurity #CryptoNews
