Ripple and Trump’s World Liberty Help Freeze Binance Hacker’s Loot

Ripple froze about $200 million and World Liberty Financial froze $27 million in USD1 tied to the Binance hack, joining Tether, Circle and Coinbase in a rare industry-wide lockdown. Binance’s ongoing crisis has turned into an unusual show of cooperation amongst some of the biggest names in crypto. Most recently, Binance co-CEO Yi noted : The freeze was presumably in RLUSD, Ripple’s dollar-backed stablecoin, but the provision wasn’t entirely airtight. Media outlets reported that the attacker had swapped 36 million RLUSD for 15,439 ETH before the freezes took full effect, while 52.54 million RLUSD remained unfrozen at the holding wallet at the time of its report.

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