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

CoinDesk
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.

Key Takeaways

  1. An attacker created unbacked XRP on another blockchain, then exchanged it for real XRP held in reserve.
  2. The bridge has been halted and its operator has filed a complaint with the FBI.
  3. Read the full article for additional context and details.
Read Full Article on CoinDesk

Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.