Binance hacker spreads 233.46 million stolen XRP over six wallets Ripple has no power to freeze

The hacker behind Binance’s ~$6.3 billion hack moved all 233.46 million stolen XRP to 6 new wallets on Monday. Unlike the stablecoins also taken in the theft, native XRP has no issuer who can freeze it. Nine payments emptied the holding address in eight minutes According to the XRP Ledger records , the holding address made six test payments of 1,000 XRP each starting at 03:47 UTC. Between 03:52 and 04:00 UTC, nine large payments were made. In the end, five wallets took in about 40 million XRP each. Three got it in two installments: 30 million and 10 million. The sixth took 33.46 million. The original address retained 23.7 XRP. At Monday’s price of ~$1.26 for XRP, the coins were worth about $294 million.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cryptopolitan.