# XRP Bridge Loses $200,000 After Bug Allows Fake Deposits

2026-08-12T22:06:45+00:00 | Technology | Indian Opinion Desk

Corroboration: 1 independent outlet

An XRP bridge connecting the XRP Ledger with the tx blockchain lost over 196,000 XRP, roughly Rs. 1.9 crore, after a software bug let an attacker create fake deposits. The exploit drained the bridge’s reserve wallet within 97 minutes on August 9 before the operator shut the service down. According to gadgets360.com, the operator has patched the affected code, hired blockchain forensics experts, and reported the incident to the FBI.

## Coverage

- gadgets360.com <https://www.gadgets360.com/cryptocurrency/news/xrp-bridge-hit-by-usd-200000-loss-as-software-accepts-fake-deposits-crypto-hacks-ripple-scam-bridges-exploit-11899579>

Tags: blockchain exploit, crypto bridge, FBI, software bug, XRP
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