ZachXBT accuses XRPL of paying just $250,000 in bounty to the white hat hacker who uncovered the "infinite XRP supply" vulnerability.
48 minutes ago
Regarding the XRP Ledger Foundation’s response to the security fix incident, on-chain detective ZachXBT stated: "The treasury holds billions of dollars, yet it only paid white-hat hackers $250,000 for discovering a critical vulnerability that could have led to the infinite minting of XRP. This will undoubtedly encourage attackers to directly exploit the flaw to steal hundreds of millions of dollars next time, rather than reporting it proactively out of goodwill. That’s why people don’t take the XRPL or Ripple seriously as an organization." Earlier reports noted that the XRP Ledger has fixed a payment engine vulnerability that had existed for over a decade, to prevent the over-issuance of XRP.
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