Ripple experiences a major security breach, losing 213 million XRP ($112.5M). Crypto detective ZachXBT revealed the hack on Jan 31, 2024. Funds were laundered through multiple exchanges, including Binance and Kraken, from the address rJNLz3A1qPKfWCtJLPhmMZAfBkutC2Qojm. The incident raises serious concerns about crypto entity security.