XRP Ledger Foundation Breaks Silence on Billion-Dollar XRP Bug

The XRP Ledger Foundation has defended its decision to circumvent the standard XRP Ledger amendment process due to a critical security vulnerability that could have seen trillions of XRP minted by malicious actors. The foundation has also made it clear that no unauthorized XRP was minted, and it has clarified some misconceptions regarding the recently uncovered vulnerability, which could have put the entire $94 billion XRP market cap in jeopardy.