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. Supercharge Your Trading in 2026 With BloFin AI Trading BotsRipple News: How Did 54 Million XRP Leave the Bitget Hacker’s Wallets? BITGET $350M HACK: POST MORTEM Between 18:31 and 21:23 UTC yesterday, Bitget was drained for $350M across 7 chains, with 5 wallets compromised. Arkham has labelled 26 hacker addresses so far. Here’s what happened after the attack: pic.twitter.com/Jc6xLRdJ5U — Arkham (@arkham) September 25, 2026 Nearly 103 million XRP was taken from Bitget on Thursday, September 24, and split across five accounts, a theft that has dominat...