$112.5 Million Transferred From Chris Larsen’s Accounts
There has been a lot of buzz in the X community regarding a significant transfer of XRP from Chris Larsen’s accounts. The news was first shared by onchain analyst Zachxbt, who revealed that Ripple was allegedly hacked for approximately 213 million XRP, equivalent to $112.5 million. This revelation sparked intense speculation and discussion on social media platforms.
Chris Larsen confirmed the situation on X and disclosed that his personal XRP accounts were compromised. He acted swiftly to catch the problem and notified exchanges to freeze the affected addresses. Law enforcement is already involved in the matter.
XRP Price Reaction and Lingering Questions
Following the news, XRP experienced an initial 5% drop against the US dollar. At the time of writing, the 24-hour statistics show a 3.5% decrease in XRP value. Many speculators are curious about the details of the incident and how the hackers managed to access 213 million XRP. The motive and method behind the attack remain a compelling mystery for now, awaiting further answers.
Hot Take: Ripple Co-Founder’s XRP Accounts Hacked, $112.5 Million Transferred
On Wednesday, Chris Larsen, the co-founder and executive chairman of Ripple, announced that his personal XRP accounts had been unlawfully accessed. In response, Larsen took immediate action and convinced crypto exchanges to freeze the affected addresses. This incident triggered a frenzy within the X community and led to speculations about the motives behind the attack. XRP witnessed a drop in value following the news, and many are eager to uncover the details of the unauthorized access. The investigation is ongoing, leaving the cryptocurrency world intrigued and awaiting further information.
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