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Ripple (XRP) Hack: Binance Seizes Stolen funds Worth $4.2M

XRP $120 million Hack, Jan 2024 Source: TRMLabs

The stolen XRP tokens were quickly transferred and laundered through multiple crypto exchanges in a series of transactions involving multiple addresses. 

According to TRMLabs investigations, the key addresses identified in the laundering process include:

  • rGhR13XyM43WdDaSMznHd5rZ4cJatybvEg,
  • rHQVKntyfkDCPhEBL2ctryuEAkDZgckmmV,
  • rLsUemhuBZtF44rqqzneb2F9JgyrRYYd4t,
  • rKPERax7t9iFvT3RHXn5nifyNpzp9a4hBa,
  • rpjs4HLX1gJoEenH69PsQmXaXY22QhCYAT,
  • rLRhugR4ysNa2xkt4E6fKN8krs9jatCp6w
  • rnCyeUNvfDbtTagGEPjBfTCBz6EqJjf2Uj
  • rHVjfYzTaB8MzSoQGqpzH9barZr85QsZW7. 

Although efforts are ongoing to track these transactions and recover the stolen funds,…
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