$XRP Hack Fallout: $83M Already Moved
The situation around the $387.5M exchange breach is escalating fast.
According to on-chain tracking, the attacker has already moved around $83 million worth of stolen XRP from multiple holding wallets. Meanwhile, another $75 million remains stuck in wallets that cannot be frozen under$XRP Ledger rules.
That’s the uncomfortable reality here 👇
Even with monitoring in place, the attacker still controls movement of funds.
Key Takeaways:
💰 ~$83M XRP already shifted across wallets
🔒 ~$75M still sitting in “unfreezable” addresses
🏦 Exchanges can blacklist receivers, not the source wallets
🧊 ~$320K in stablecoins already frozen (USDC/USDT)
🛡️ Exchange says its protection fund covers losses fully
🔄 Withdrawals expected to resume Sept 28 – Oct 2
The situation around the $387.5M exchange breach is escalating fast.
According to on-chain tracking, the attacker has already moved around $83 million worth of stolen XRP from multiple holding wallets. Meanwhile, another $75 million remains stuck in wallets that cannot be frozen under$XRP Ledger rules.
That’s the uncomfortable reality here 👇
Even with monitoring in place, the attacker still controls movement of funds.
Key Takeaways:
💰 ~$83M XRP already shifted across wallets
🔒 ~$75M still sitting in “unfreezable” addresses
🏦 Exchanges can blacklist receivers, not the source wallets
🧊 ~$320K in stablecoins already frozen (USDC/USDT)
🛡️ Exchange says its protection fund covers losses fully
🔄 Withdrawals expected to resume Sept 28 – Oct 2
