BitGo wallet automation drained XRP balance, sent thousands of "UNFUNDED PAYMENT" transactions and spammed the XRP Ledger mempool
first published 2025-11-13T20:28:53Z
BitGo’s wallet automation repeatedly tried to activate new XRP accounts (each needing a 1 XRP reserve) after running out of balance. The script continued sending payments that couldn't be funded, generating thousands of "UNFUNDED PAYMENT" entries and cluttering the XRP Ledger mempool for hours until the loop was stopped.
AI Analysis
BitGo ran out of XRP while attempting to fund new account reserves; its automation kept submitting unfunded payments, producing thousands of "UNFUNDED PAYMENT" entries and effectively spamming the XRP Ledger mempool for hours — a concrete network-disruption event.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
