October 13th 2026, 5:33 PM
Ripple's XRP Inflation Bug Exposed Before Evernorth Shareholder Vote
Key Summary
Evernorth Holdings, a company backed by Ripple, took a shareholder vote on a plan to take its XRP treasury company public without disclosing a critical inflation bug in the XRP Ledger's base layer payment engine, which could have minted trillions of new XRP tokens.
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Background Context
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Key Findings
Evernorth Holdings, a company backed by Ripple, took a shareholder vote on a plan to take its XRP treasury company public without disclosing a critical inflation bug in the XRP Ledger's base layer payment engine, which could have minted trillions of new XRP tokens.The bug was privately reported to Ripple's developer arm on September 22, but the company shipped an emergency patch on September 25, obscuring the release in veiled language about "integer-arithmetic hardening".
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