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Ripple Transfers $389 Million in XRP Amid Binance Hack Fallout

Ripple Transfers $389 Million in XRP Amid Binance Hack Fallout

Photo: Crypto Economy

TL;DR Ripple moved a combined 310 million XRP, worth approximately $389 million, across three transactions on October 30. The transfers occurred hours after Ripple confirmed its assistance in tracking and freezing assets connected to Binance’s security breach. On-chain data has not established a direct connection between the XRP movements and the Binance incident, leaving the ... Read more

Also reported by U.Today.

Source: Crypto Economy

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