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Hackers steal $112 million of XRP Ripple cryptocurrency


A crypto wallet was hacked, but questions remain over who exactly owns and controls the wallet.

On Tuesday, hackers stole around $112 million of the Ripple-focused cryptocurrency XRP from a crypto wallet, Ripple’s co-founder and executive chairman has disclosed. Larsen wrote on X(previously Twitter) that “there was unauthorized access to a few of my personal XRP accounts (not Ripple) — we were quickly able to catch the problem and notify exchanges to freeze the affected addresses. Binance spokesperson Simon Matthews told TechCrunch that the company is “aware and actively supporting the investigation.” Kraken did not immediately respond to a request for comment.

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