21 hours ago
Ripple says it is freezing affected RLUSD funds as it monitors reports tied to Binance
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.
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