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

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News In a recent tweet, XRP Ledger developer Wietse Wind shared a peculiar incident about an XRPL user with $200,000 XRP who was locked out of his account after unknowingly creating a "nested Multi Sign" setup. Advertisement Wietse Wind recounts that on Aug. 15, 2025, in his Twitter DMs, a worried community member asked for help/advice. This user had $200,000 in XRP in an XRPL account and set up multisign. He also set up multisign for the accounts he used for the initial multisign. Then came the error: unknowingly, he created a "nested multisign" setup. While XRP Ledger allows one to configure such a thing, it creates a condition that can never be resolved: even with access to the secrets belonging to nested multisign accounts, XRPL will never accept the signatures because of the nested condition. HOT Stories Morning Crypto Report: Binance Lists New XRP Pair, Bitcoin Cash (BCH) Maintains Top 10 Spot as 'Bitcoin Without Saylor,' Cardano's Hoskinson Sets 3 'Anti-Cynicism' Criteria for New Projects Ripple CEO Dubs New CFTC Committee 'Olympics Crypto Roster' It is Aug 16, 2025. In my Twitter DM's, a worried community member asks for help/advice. He has $200k in XRP in an XRPL account, and he set up Multi Sign. Then he set up multi sign for the accounts he used for the initial Multi Sign. Unknowingly, he created a "nested Multi Sign"… Advertisement — Wietse Wind - 🪝🛠 Xaman® + XRPL + Xahau (@WietseWind) February 13, 2026 Wietse Wind pointed out that this cannot simply be fixed at XRPL Labs since code is law and the XRPL code happens to allow for setting up a condition where one is locked out of one's wallet. This leaves the only option for resolving the issue to be an amendment. Amendments represent new features or other changes to transaction processing. Bug fixes that change transaction processes also require amendments. You Might Also Like Thu, 02/05/2026 - 10:55 XRP Ledger Close to All-Time Highs as XRP Price Is Barely Breathing By Arman Shirinyan Advertisement After these changes are introduced as amendments, validators then vote on them. If an amendment receives more than 80% support for two weeks, it passes. Nested multisign amendment submitted After discussing with bright minds in the XRP Ledger ecosystem and then coding, Wietse Wind reveals that an amendment that allows for nested signatures was born. The nested multisign amendment introduces nested multisignature validation, allowing signer lists to delegate signing authority to other accounts that themselves have signer lists. Wind informs readers that this amendment has now been submitted to the rippled/XRPL code base. With this code change, merged into a future release by RippleXDev and voted in by validators, the said user with $200,000 XRP can gain access to their funds again. #XRPL #XRP News #XRP #XRP Ledger