Binance Freezes $4.2 Million in Stolen XRP From Hack of Ripple Founder's Personal Wallets
• $4.2 million worth of stolen XRP tokens frozen by Binance after exploit earlier this week • Tokens were stolen from Ripple co-founder Chris Larsen's personal wallets, not from Ripple itself • Frozen funds are a small fraction of the $113 million originally stolen • XRP token price initially dropped 5% on news of the exploit, but has recovered slightly • Binance has previously worked with law enforcement to track down and freeze stolen crypto funds