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Reading: XRPL Code Update Proposed After $200,000 XRP Wallet Lockout
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Mycryptopot > News > Crypto > Altcoins > XRPL Code Update Proposed After $200,000 XRP Wallet Lockout
Altcoins

XRPL Code Update Proposed After $200,000 XRP Wallet Lockout

February 16, 2026 3 Min Read
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mycryptopot

In a current tweet, $XRP Ledger developer Wietse Wind shared a peculiar incident about an XRPL consumer with $200,000 $XRP who was locked out of his account after unknowingly making a “nested Multi Signal” setup.

Wietse Wind recounts that on Aug. 15, 2025, in his Twitter DMs, a apprehensive group member requested for assist/recommendation. This consumer had $200,000 in $XRP in an XRPL account and arrange multisign. He additionally arrange multisign for the accounts he used for the preliminary multisign. Then got here the error: unknowingly, he created a “nested multisign” setup.

mycryptopot

Whereas $XRP Ledger permits one to configure such a factor, it creates a situation that may by no means be resolved: even with entry to the secrets and techniques belonging to nested multisign accounts, XRPL won’t ever settle for the signatures due to the nested situation.

It’s Aug 16, 2025. In my Twitter DM’s, a apprehensive group member asks for assist/recommendation.

He has $200k in $XRP in an XRPL account, and he arrange Multi Signal. Then he arrange multi signal for the accounts he used for the preliminary Multi Signal. Unknowingly, he created a “nested Multi Signal”…

— Wietse Wind – 🪝🛠 Xaman® + XRPL + Xahau (@WietseWind) February 13, 2026

Wietse Wind identified that this can’t merely be fastened at XRPL Labs since code is regulation and the XRPL code occurs to permit for establishing a situation the place one is locked out of 1’s pockets. This leaves the one possibility for resolving the problem to be an modification.

Amendments symbolize new options or different adjustments to transaction processing. Bug fixes that change transaction processes additionally require amendments.

After these adjustments are launched as amendments, validators then vote on them. If an modification receives greater than 80% assist for 2 weeks, it passes.

mycryptopot

Nested multisign modification submitted

After discussing with brilliant minds within the $XRP Ledger ecosystem after which coding, Wietse Wind reveals that an modification that permits for nested signatures was born.

The nested multisign modification introduces nested multisignature validation, permitting signer lists to delegate signing authority to different accounts that themselves have signer lists.

Wind informs readers that this modification has now been submitted to the rippled/XRPL code base. With this code change, merged right into a future launch by RippleXDev and voted in by validators, the stated consumer with $200,000 $XRP can acquire entry to their funds once more.

mycryptopot

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Reading: XRPL Code Update Proposed After $200,000 XRP Wallet Lockout
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