23,000,000 XRP on the Move As Crypto Thief Desperately Tries to Cash Out

hacker who reportedly stole 23 million XRP worth roughly $9.2 million is shifting the stolen crypto and trying to cash out at every opportunity.

The XRP was stolen from the crypto wallet service GateHub early this month. According to big data analyst and Forbes contributor Thomas Silkjær, the hacker tried to cash out by sending large chunks of the XRP to a long list of crypto exchanges including Binance, Changelly, KuCoin, Huobi and HitBTC.

The crypto exchange service ChangeNow says 2.5 million XRP was sent to its platform. The team managed to stop a portion of the funds from being swapped into other cryptocurrencies.

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