Ripple freezes around $200 million in RLUSD, hackers switch to DEXs

on October 30, according to Decrypt, that Binance Co-CEO He Yi stated Ripple has frozen approximately $200 million in RLUSD, with Ripple confirming that the freeze is in progress.

On-chain records show that a suspected hacker is using Uniswap and Aave to convert freezable stablecoins into ETH, including depositing approximately $60 million in USDT on Aave to borrow roughly 19,800 ETH, and swapping 36 million RLUSD for about 15,400 ETH. As of around 06:03 Beijing Time, two related addresses collectively hold approximately 253,000 ETH (worth roughly $570 million). Kamino stated it remains unaffected but has suspended lending on the SOL/BTC market.