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

Crypto Insight Summary: 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 […] Crypto Insight Analysis: Direction: Bearish XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large XRP theft creates selling pressure and security concerns.