Ripple could freeze its own stablecoin – but not XRP
Original headlineRipple konnte den eigenen Stablecoin einfrieren – XRP aber nicht
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Ripple was able to freeze its RLUSD stablecoin stolen in the record-breaking Binance hack, but could not do the same for the XRP taken in the same attack. The incident, described as the largest hack in crypto history, saw attackers loot both XRP and RLUSD from Binance, with Ripple's issuer-level control over RLUSD enabling the freeze while XRP's decentralized design left stolen tokens beyond recovery. The episode highlights a key structural difference between issuer-controlled stablecoins and decentralized assets like XRP, and underscores the trade-off between recoverability and censorship resistance. Watch for whether Ripple pursues on-chain tracking or exchange-level blacklisting of the stolen XRP, and for further details on the total value of assets taken in the breach.
Muhabbit's AI wrote this summary in its own words from BTC-ECHO's report and translated it from German. It can get details wrong, so check the source.
Named in this story
Ripple (XRP), Binance, RLUSD, XRP (XRP)
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