Reports describe an $XRP cross-chain bridge exploit where unbacked “fake” bridged XRP was minted on another network and then redeemed for real XRP from the bridge’s XRP reserve, with losses reported around ~$200,000, and the bridge was halted/closed afterward; some reporting also mentions the operator filed a complaint with the FBI/IC3. The part about $XRP dropping exactly $0.10 “because of this” is harder to attribute directly since price moves can have multiple causes, so I’d treat that as less certain. Please verify through official statements from the bridge operator and trusted crypto news sources.

#XRPHACKED