October 11th 2026, 10:57 PM
Ledger Attack Spreads to EU, AI Discovers $94B XRP Bug
Key Summary
A tampered Ledger attack has spread to Europe, with security researchers using AI to uncover a '18 trillion XRP' bug. The attack has already resulted in an estimated $93.4 million losses in Asia, and Ledger has asked CryptoBilis to suspend sales and shipments of its devices. An AI agent has also discovered a bug in XRP's code that could have printed trillions of XRP out of thin air, but it has been patched and there is no evidence it was exploited.
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Attack on Ledger Devices in Asia
A tampered Ledger attack has already seen an estimated $93.4 million taken from Asian hardware wallet users. The attack has now spread to Europe, with security researchers using AI to uncover a '18 trillion XRP' bug.AI Finds '18 Trillion XRP' Bug in XRP's Code
Security firm Veria Labs has been paid a $250,000 bug bounty for uncovering an overflow bug hidden in XRP's code since 2015. The bug has been patched and there is no evidence it had ever been exploited. However, the AI agent found that a single transaction could have printed trillions of XRP out of thin air.Ledger Response to the Attack
Ledger has asked CryptoBilis to suspend sales and shipments of its devices as a precaution and advised customers who had purchased devices from the reseller within the past 90 days to consider transferring their assets to a new Ledger.Industry Response to AI-Driven Bug Discovery
Ethereum co-founder Vitalik Buterin has backed researcher Justin Drake's warning that advances in artificial intelligence could undermine the cryptography used in today's blockchains before quantum computers do. However, other projects and analysts have criticized this as fear mongering, with no evidence that AI agents are breaking cryptography.#XRP#EU#Crypto#SEC