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Ripple and Trump’s World Liberty Help Freeze Binance Hacker’s Loot

Picture: Bitcoin.com News

Ripple froze about $200 million and World Liberty Financial froze $27 million in USD1 tied to the Binance hack, joining Tether, Circle and Coinbase in a rare industry-wide lockdown. Binance’s ongoing crisis has turned into an unusual show of cooperation amongst some of the biggest names in crypto. Most recently, Binance co-CEO Yi noted : The freeze was presumably in RLUSD, Ripple’s dollar-backed stablecoin, but the provision wasn’t entirely airtight.

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