Bitget Hacker Moves Stolen XRP
Fresh selling pressure hits the market as hacker moves $83 million in stolen funds beyond freeze controls.
A significant development has unfolded in the ongoing Bitget hack saga, with the hacker moving a substantial amount of stolen XRP. According to CoinDesk, the majority of the stolen funds have been transferred out of reach of freeze controls, potentially exacerbating selling pressure on the market. This move comes as the XRP/RLUSD price experiences a decline, down 2.68% in the last 24 hours, with a current price of 1.4809 RLUSD. The Bitget hack has already had a notable impact on the cryptocurrency's price action, and this latest development may further contribute to market volatility. The XRPSync validator continues to operate at a high level of uptime, remaining at 99.1% for ledger #107,289,388.
Sources
CR Cryptonewscryptonews.com CO CoinDesk
www.coindesk.com
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