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

CoinDesk· Shaurya Malwa· Aug 12, 2026 · 4:33 AM
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.

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