BitGo Wallet Glitch Floods XRP Ledger with Failed Payments
Early reports show a BitGo-managed wallet began emitting a high volume of payment attempts on the XRP Ledger that repeatedly failed, creating a noticeable spike in transaction count and error entries visible on XRPL explorers. The activity didn’t appear to move funds successfully, but the stream of failed transactions increased ledger activity and prompted questions about signer behaviour and automated tooling in custody setups.
The incident highlights operational risk when large custodial wallets misbehave and underscores why exchanges and services monitor node and signer health closely. There are no confirmed reports of asset loss tied to the failed payments, but the event may affect pending withdrawals or processing queues for services relying on the same custody layers. On-chain observers and infrastructure teams are watching for a Root Cause statement from BitGo while advising users to check their pending transactions and balances as the investigation continues.