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

CryptoInfo Editorial Team · Published on August 12, 2026 at 04:33 · Updated on August 12, 2026 · 1 min read

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Key Takeaways

→An XRP bridge was drained of $200,000 due to a software mistake
→The attacker created fake XRP on another blockchain and exchanged it for real XRP
→The bridge has been halted and its operator has filed a complaint with the FBI

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

An XRP bridge was drained of $200,000 after its software mistook fake deposits for real ones. According to reporting from CoinDesk, an attacker created unbacked XRP on another blockchain and then exchanged it for real XRP held in reserve.

The bridge has been halted as a result of the incident. Its operator has filed a complaint with the FBI over the matter.

Source: CoinDesk ↗

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