Bitget Hack Shows Why XRP Cannot Be Frozen

On the latest Ripple news, an attacker tied to Bitget's roughly $387.5 million breach has moved about 102 million stolen XRP, worth around $157 million. The funds left three of the five wallets that first held them. Roughly $75 million in XRP reportedly remains in the original accounts. Why can't they be frozen?

Ripple has no way to freeze those coins. XRP is the ledger's native asset, not a token created by an issuer.

This is more than a story about a hacker moving funds. It shows a structural limit built into the XRP Ledger in real time. Transparency does not mean recoverability; once native XRP sits in a wallet the attacker controls.

Ripple News: How Did 54 Million XRP Leave the Bitget Hacker's Wallets?

Nearly 103 million XRP was taken from Bitget on Thursday, September 24, and split across five accounts, a theft that has dominated Ripple news since. By 12:41 UTC on Saturday, September 26, two wallets that had each started with 20 million XRP were down to about 23 and 55 XRP. A third had fallen to roughly 5.8 million XRP.

The pace of the drain accelerated overnight. At 04:32 UTC Saturday, about 70 million XRP remained across the original accounts; roughly eight hours later, the balance had fallen to about 49 million.