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Ripple Faces Allegation of $112 Million Dollar Hack, Resulting in Price Drop

112 Million Dollar Hack Allegation in Ripple! Price Dropped!

ZachXBT recently made a claim that Ripple fell victim to a $112 million hack, causing XRP to experience a 5% decline in value. The tweet from ZachXBT indicated that approximately 213 million XRP, equivalent to $112.5 million, was taken, and the stolen funds were reportedly laundered through various platforms such as MEXC, Gate, Binance, Kraken, OKX, HTX, and HitBTC. It’s important to note that while this information is being widely discussed, it’s essential for individuals to conduct their own research and not solely rely on social media posts for investment decisions. This incident serves as a reminder of the importance of security and due diligence in the crypto industry.