Ripple (XRP) falls back after $100 million hack

The XRP course declined following the announcement of a hack from 213 million tokensor more than 100 million dollars. The XRP The stolen items belonged to co-founder of the fintech blockchain.

This Wednesday afternoon, well-known on-chain detective ZachXBT reported on X that Ripple had been hit by a hack yesterday and lost 213 million XRP, representing around $112 million at the time of the theft.

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According to ZachXBT, the stolen funds were laundered via several centralized crypto exchanges, including MEXC, Gate, Binance, Kraken, OKX, HTX and HitBTC.

The price of XRP dropped below $0.50 following the post on the social network before quickly rebounding above $0.50. The token has lost around 4% over the last 24 hours.

Ripple co-founder Chris Larsen later confirmed the hack and said he was the only victim.

Yesterday, there was unauthorized access to a few of my personal XRP accounts (not Ripple) – we were quickly able to detect the problem and inform the exchanges to freeze the affected addresses. Law enforcement is already involved,” he said. writes.

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