Hackers swap $50M stolen XRP for 1,650 BTC via THORChain: Elliptic
Photo: Crypto Briefing
A recent report by blockchain analytics firm Elliptic has revealed that hackers have swapped approximately $50 million worth of stolen XRP , primarily through THORChain . This activity has resulted in a significant increase in the conversion of the stolen assets into Bitcoin , with the converted amount reaching 1,650 BTC. The main holdings of stolen Ethereum and Bitcoin remain untouched, according to Elliptic. This development is part of a larger incident involving the theft of 233 million XRP from Binance, linked to North Korean state hackers by the FBI.
Source: Crypto Briefing
