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Key Takeaways
- About 54 million XRP left five attacker wallets.
- Ripple cannot freeze native XRP balances.
- Roughly 49 million XRP remains in the original accounts.
- Exchanges are the crucial recovery checkpoint.
The stolen XRP is no longer sitting where it first landed. A CoinDesk review of XRP Ledger records found that roughly 54 million XRP had left the five original accounts used to hold the Bitget haul by 12:41 UTC on September 26. Two accounts that began with 20 million XRP each had been reduced to about 23 and 55 XRP, while a third held roughly 5.8 million XRP.
About 49 million XRP, valued near $75 million at the time, remained in those first five accounts. That figure only counts the original holding accounts: funds that leave them can still be under the attacker’s control in newly created wallets. The on-chain question is whether the XRP reaches a service that can identify and s...
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