XRP Hit First in Binance Hack: Five Wallets Drained in About Four Minutes
Blockchain investigators say about $296 million in XRP was drained from five Binance wallets in roughly four minutes during the exchange's breach. Ripple froze stolen RLUSD during the response, and Binance says its XRP customer balances are fully backed. Traders should watch XRP liquidity and any further recovery or freeze actions tied to the hack.