Elliptic: About $50 Million in Stolen XRP Has Been Swapped Mostly Into Bitcoin
About 42 million XRP, worth roughly $50 million, from the Binance theft has been converted, mostly through THORChain into bitcoin, according to Elliptic. The firm says about 192 million XRP remains unswapped in linked addresses, while the broader laundering trail spans thousands of wallets and transactions.
