invezz.com
Ripple, the company behind cryptocurrency coin XRP, has reportedly been hacked with over 213 million XRP worth $112 million stolen.
In a post on X on Wednesday, on-chain sleuth ZachXBT noted that the stolen crypto has been laundered via a number of centralized exchanges. These include MEXC, Gate, Binance, Kraken, and OKX.
It appears @Ripple was hacked for ~213M XRP ($112.5M)
— ZachXBT (@zachxbt) January 31, 2024
Source address
rJNLz3A1qPKfWCtJLPhmMZAfBkutC2Qojm
So far the stolen funds have been laundered through MEXC, Gate, Binance, Kraken, OKX, HTX, HitBTC, etc pic.twitter.com/HKGYsLQeMv
At the time of writing, the price of XRP has fallen more than 5% in the past 24 hours amid the news, trading at $0.49.
This is a developing story.
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