Tag: Ripple Executive

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Binance Freezes $4.2 Million in Stolen XRP; Ripple Investigation Aided by XRP Ledger Foundation

February 3, 2024

After the unauthorized access of Ripple co-founder Chris Larsen’s personal holdings, Binance CEO Richard Teng revealed that the platform had successfully “managed to freeze $4.2 million” of the compromised assets. Teng elaborated that Binance is committed to “support[ing] Ripple in their investigations,” indicating ongoing collaboration. New Binance CEO Discusses Freezing $4.2 Million Worth of Larsen’s…
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Ripple Exec Chris Larsen’s XRP Accounts Illicitly Accessed, Crypto Exchanges Freeze Assets

January 31, 2024

On Wednesday, Chris Larsen, the co-founder and executive chairman of Ripple, publicly revealed that several of his personal xrp accounts had been illicitly accessed. Larsen explained that the team successfully persuaded crypto exchanges to promptly freeze the affected addresses. $112.5 Million Transferred From Chris Larsen’s Accounts In the realm of social media, specifically within the…
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