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Binance Hackers Swap About $50 Million of Stolen XRP Mostly Into Bitcoin, Elliptic Says

Bitcoin Magazine·November 6, 2026·1 min read
Binance Hackers Swap About $50 Million of Stolen XRP Mostly Into Bitcoin, Elliptic Says

Binance hackers swapped about 42 million stolen XRP, worth roughly $50 million, mostly into Bitcoin via THORChain, according to Elliptic. This lifted the converted Bitcoin from the Binance theft to approximately 1,650 BTC. The funds continue to be traced by blockchain analytics firms.

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