This XRP project is shutting down after wallet flaw exposed 4,000 accounts and drained $450,000

According to CryptoSlate, XRP Healthcare is winding down operations and delisting its XRPH and XRPHAI tokens following a security failure that drained roughly $450,000 from users. A flaw in the XRPH Wallet reduced its keyspace to about 2^46, exposing 4,010 accounts to a mass sweep between Sept. 3 and Sept. 4. Investigators determined the application passed a 55-character value into xrpl.Wallet.fromEntropy(), which effectively retained only the first 16 characters and reduced the possible input space. The developer team reproduced private keys using public information and a partial scan, concluding the defect caused the drain without needing access to user devices or the XRP Ledger protocol.

CryptoSlate reported that stolen assets were traced to an Ethereum address holding about 445,198 DAI, and recovery efforts continue. XRP Healthcare advised affected users to abandon exposed credentials and move remaining assets using newly created keys. The company stated it is preserving technical records and working with exchanges, platforms, and authorities regarding the incident, while XRPH Wallet applications remain offline.