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Hackers swap $50M stolen XRP for 1,650 BTC via THORChain: Elliptic
Crypto Briefing·November 6, 2026·1 min read
Hackers converted $50 million in stolen XRP into 1,650 BTC via THORChain, according to Elliptic. The move may increase regulatory scrutiny and weigh on XRP's short-term price. The conversion highlights how decentralized exchanges are used to launder illicit funds, raising concerns for the broader crypto ecosystem.
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