Ledger Attack Spreads to EU, AI Finds '18 Trillion XRP' Bug: Hodler's Digest
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Article Overview
Written by: Andrew Fenton, staff editor Edited by: Andrew Fenton, staff editor
Published: October 11, 2026
An user reports purchasing a tampered Ledger from a major retailer in Europe, marking the spread of a ledger attack initially detected in Asia. Security researchers utilized AI to uncover a significant XRP minting bug dating back to 2015, which could have printed trillions of XRP. Despite the potential severity, only a $250,000 bounty was awarded for the discovery.
Ledger Implant Exploit Spreads to Europe
A user named Johannes shared photographs of a tampered Ledger he bought from MediaMarkt in Europe two weeks prior. The implant appears related to the one found in CryptoBilis-shipped devices in Asia, leading to an estimated $93.4 million in losses. Johannes suggests the attack may have been delayed due to varying mobile frequency usage across regions.
The Sophisticated Attack
Late last week, Ledger devices in Asia were compromised through a modified implementation of CryptoBilis' reseller services. This allowed attackers to access seed phrases and steal funds while still passing authenticity checks. Ledger has advised customers who purchased devices from CryptoBilis within the past 90 days to transfer their assets.
Security Firm Uncovers XRP Bug
Veria Labs discovered an overflow bug in XRP's code, which could have printed trillions of XRP with a single transaction. Despite patching the bug and no evidence of exploitation, Veria Labs received a $250,000 bug bounty for their findings. Cayden Liao from Veria Labs attributed the discovery to AI agents scanning the XRP Ledger software.
Conclusion
The potential impact of this bug is significant, emphasizing the importance of security measures in the crypto space. While the bug has been addressed, the incident highlights ongoing vulnerabilities and the need for continuous improvement in blockchain security.