Ripple says it is freezing affected RLUSD funds as it monitors reports tied to Binance

Ripple says it is freezing affected RLUSD funds as it monitors reports tied to Binance

N
News Editor
2026-10-29 23:18:12
Ripple is monitoring reports that Binance may have been hit by an attack and that the attacker holds RLUSD, according to Jack McDonald, senior vice president of stablecoin at Ripple. In a social media post, McDonald said the company is actively freezing affected funds and coordinating with relevant parties. He added that Ripple stands ready to support any investigation and any appropriate action aimed at protecting users. The statement did not provide additional details on the reported incident, the size of the affected funds, or the scope of the alleged attack. Ripple’s comments were limited to its response around RLUSD and its willingness to assist with follow-up actions.

Ripple is closely watching reports that Binance may have suffered an attack and that the attacker holds RLUSD, Jack McDonald, Ripple’s senior vice president of stablecoin, said in a social media post.

McDonald said Ripple is actively freezing affected funds and coordinating with relevant parties. He added that the company is ready to support any investigation and any appropriate action to protect users.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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