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

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.

Source
CoinDesk
Published
2026-08-12 04:33 UTC
Cache updated
2026-08-12 04:35 UTC

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