How potential $94B XRP hack was stopped: ‘This was a serious vulnerability’
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- Updated
- Since then
- 1 new report
- In
- XRP
Security researchers used AI to find a flaw in XRP Ledger’s multisignature setup that could have let an attacker drain about $94 billion worth of XRP from thousands of wallets, and the issue was later fixed. Separately, a Ledger customer said they bought a tampered device from a major European retailer, and the company replaced the wallet after the report.
Key claims & sources
What it means
This matters to XRP Ledger users and wallet holders because the flaw described in the report was framed as something that could have affected thousands of accounts at once. It also matters to security teams because AI was used to surface the problem before the issue was fixed.
For Ledger customers, the practical change is that a user said a wallet bought from a major European retailer arrived tampered with, and the device was then replaced by Ledger. What stays the same is that the report still describes a sealed-box retail sale followed by a complaint and an investigation request, not a broader confirmed pattern.
Market reaction i
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
AMBCrypto
scoop
Cointelegraph
context
Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 27 days ago | XRP Ledger discloses overflow bug that could have minted XRP beyond its supply cap event | 1 actors in common · 8 news media |
| 27 days ago | XRP Ledger Might Be Vulnerable to AI, Avalanche Founder Warns event | 1 actors in common · 4 news media |
| 27 days ago | XRP Ledger activates atomic batches and security fix event | 1 actors in common · 5 news media |