Security· ★★★★· bearish·

Binance hacker's first attempt failed: $42.75M RLUSD transfer blocked by inactive XRP wallet

  • —The $42.75M RLUSD transfer failed because the hacker's XRPL account was not yet created
  • —Eight seconds later he moved 185,017,485.5 XRP, which activated the receiving account
  • —Funds also drained included 965,455 SOL, 44.2M OP, 18,270 BTC and 612.7M USDT on TRON
  • —The attacker moved about $6.07 billion across eight chains in roughly 55 minutes
Why it matters: The timeline shows how quickly the attacker bypassed Binance's controls and why the losses escalated into the billions.
Source: Blockmedia