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Ripple and Trump’s World Liberty Help Freeze Binance Hacker’s Loot

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Ripple froze about $200 million and World Liberty Financial froze $27 million in USD1 tied to the Binance hack, joining Tether, Circle and Coinbase in a rare industry-wide lockdown. Ripple Steps in Binance’s ongoing crisis has turned into an unusual show of cooperation amongst some of the biggest names in crypto. Most recently, Binance co-CEO […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Coordinated freezes reduce hack contagion and briefly support crypto sentiment without materially shifting the market.

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