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BitGo Wallet Glitch Floods XRP Ledger with Failed Payments 

DATE POSTED:November 12, 2025
Bitgo IPO

The post BitGo Wallet Glitch Floods XRP Ledger with Failed Payments  appeared first on Coinpedia Fintech News

The XRP Ledger (XRPL) has been buzzing with unusual activity after one of BitGo’s wallets displayed behaviour many found unexpected. The sudden behaviour caught the attention of blockchain watchers and raised questions about what was happening behind the scenes.

Here’s what went wrong.

Failed Transactions Spike on XRP Ledger

Over the past few days, XRPL users noticed an unusual spike in activity from BitGo’s “Initialization Wallet”, which was used to activate the Evernorth address. The wallet kept on creating and activating new XRP addresses automatically.

Lmao turns out BitGo just had a rogue script and now spams the ledger with failed transactions.

Because their account ran out of XRP     </div>
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