Reported ‘transfer’ of $15B XRP was part of a failed exploit attempt

According to Bitfinex chief technology officer Paolo Ardoino, an attacker attempted to make use of XRP’s partial payments feature to exploit his crypto exchange but failed.

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A supposed transaction of nearly $15 billion worth of XRP (XRP) from an unknown wallet to Bitfinex on Jan. 14 never went through and was part of a failed "partial payments exploit" attempt, according to Bitfinex chief technology officer Paolo Ardoino.

The transfer was initially highlighted by blockchain tracking X account Whale Alert, which claimed seeing a transaction of 25.6 billion XRP — nearly half of XRP’s billion circulating supply — from an unknown wallet to Bitfinex. 

However, Whale Alert later deleted the post and said there was “an issue with properly reading the Ripple node response, resulting in a few wrong posts.”

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