Ripple CTO Clarifies 10,000 XRP Transaction Bug After Community Concerns

A failed 10,000 XRP transaction on the XRP Ledger (XRPL) recently triggered widespread concern and speculation in the XRP community, as it was flagged as a 'Xaman Service Fee' during a routine swap. The transaction was marked 'UNFUNDED_PAYMENT,' indicating that the sender lacked sufficient funds for the transfer, which led to confusion given the unusually large amount. Ripple CTO and XRPL architect David Schwartz addressed the issue, explaining it was caused by a rare edge case rather than malicious intent or system manipulation. Schwartz clarified that no funds were lost since the transaction never went through, and he reassured the community that the software bug has already been fixed. Despite the clarification, the incident fueled debate over the reliability of XRPL wallets and broader concerns about transparency and trust within the ecosystem. Schwartz’s intervention helped calm immediate fears, but some community members remain wary about the platform’s resilience.