Bitcoin
Binance Hackers Swap $50 Million in XRP, Mostly Into Bitcoin, Elliptic Says
The Defiant·November 6, 2026·1 min read
Elliptic reports that Binance hackers converted $50 million in stolen XRP, mostly into Bitcoin, nearly doubling their BTC stash to 1,650 BTC in a day. The main ETH and Bitcoin holdings from the hack remain untouched. The conversion via THORChain highlights ongoing laundering challenges for exchanges.
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