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Bitget Hack: $157M in Stolen XRP Sits in Wallets No One Can Freeze

News.Bitcoin.com
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Bitget Hack: $157M in Stolen XRP Sits in Wallets No One Can Freeze

More than 99% of the 102.97 million XRP drained from Bitget on Sept. 24 still sits untouched in five fresh wallets, and the XRP Ledger has no switch to lock it. Three Payments, One Address Bitget said attackers broke into “a critical backend system” inside its wallet infrastructure, spoofed transaction data and pushed over $350 […]

Key Takeaways

  1. More than 99% of the 102.97 million XRP drained from Bitget on Sept.
  2. 24 still sits untouched in five fresh wallets, and the XRP Ledger has no switch to lock it.
  3. Three Payments, One Address Bitget said attackers broke into “a critical backend system” inside its wallet infrastructure, spoofed transaction data and pushed over $350 […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.