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XRP bridge drained for $200,000 after software mistook fake deposits for real ones

CoinDesk · Aug 12, 2026

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$XRP
Informational impactNot rated
AI confidenceNot rated
Risk contextUnknownOperational, security or regulatory context
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An attacker created unbacked XRP on another blockchain, then exchanged it for real XRP held in reserve. The bridge has been halted and its operator has filed a complaint with the FBI.

AI output is based only on the stored feed text and may be incomplete or incorrect. It is not investment advice. Verify important claims at the original source.
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