#Bitget Hackers have started transferring about $83 million stolen $XRP
But what keeps people up at night isn’t that number.
It’s this: there are another $75 million worth of XRP sitting in the hackers’ wallet—no one can touch it.
Why can’t they move it? Because XRP is a “native asset.” The key takeaway is that, as a native asset, Ripple can’t directly freeze it the way it can freeze $USDC
. That’s the most important lesson from this incident.
But what keeps people up at night isn’t that number.
It’s this: there are another $75 million worth of XRP sitting in the hackers’ wallet—no one can touch it.
Why can’t they move it? Because XRP is a “native asset.” The key takeaway is that, as a native asset, Ripple can’t directly freeze it the way it can freeze $USDC
. That’s the most important lesson from this incident.