XBridge
Last changed 2026-11-02 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the trust score was recalculated from the page's findings, 42 → 61. Version history →
Why this score
| Every page starts at | 65 |
| Incidents it suffered (e.g. hacks) | -9.6 |
| Long-running | +6 |
| Sum | 61 |
- 3 sections set aside: the claims did not hold up in a fact-check, pending correction.
Score: 61/100 (kept between 0 and 100)
How scoring works →Page reliability: Fact-checked 2026-11-02 · 3 of 10 claims confirmed · 5 need better sources · 2 out of date
anchored·2dS1EF…LmkKSummary
XBridge is a cross-chain bridge protocol built by SaitaChain (formerly Saitama Inu), designed to connect Ethereum Mainnet and BNB Chain. On April 24, 2024, the protocol suffered a $1.44 million exploit caused by a critical access-control vulnerability in its smart contracts, with stolen funds subsequently routed through Tornado Cash. The parent company, Saitama LLC, faces U.S. federal charges of wire fraud and market manipulation, with CEO Manpreet Kohli arrested in the UK in October 2024 and facing extradition proceedings.
Connected Entities
5 entities · 60 linked investigations- Binance→mentioned with→Ethereum(65%)
- Gotbit→mentioned with→Binance(60%)
- XBridge→mentioned with→Ethereum(80%)
- XBridge→mentioned with→Gotbit(60%)
- Saitama Token / Manpreet Kohli→mentioned with→Ethereum(70%)
- Saitama Token / Manpreet Kohli→mentioned with→Gotbit(70%)
- Gotbit→mentioned with→Saitama Token / Manpreet Kohli(80%)
- XBridge→mentioned with→Binance(70%)
- XBridge→mentioned with→Saitama Token / Manpreet Kohli(80%)
Timeline(8 events)
August 2021
Saitama LLC incorporated in Massachusetts; launches SAITAMA meme token with alleged undisclosed insider sell-offs and wash trading.
January 2023
SaitaChain rebrands from Saitama Inu ecosystem; XBridge launched as cross-chain bridge product connecting Ethereum Mainnet and BNB Chain.
24 April 2024
XBridge exploited on Ethereum and BNB Chain via access-control vulnerability; $1.44 million stolen. Attacker address: 0x0cfc28d16d07219249c6d6d6ae24e7132ee4caa7. Approximately $198,604 laundered through Tornado Cash.
7 October 2024
Saitama LLC CEO Manpreet Singh Kohli arrested in the United Kingdom ahead of federal charges.
9 October 2024
U.S. DOJ unseals charges against 18 individuals and entities including Saitama LLC for wire fraud, market manipulation, and wash trading. SEC files civil complaint. SaitaChain named by FBI as a project under investigation.
10 October 2024
Indian exchange SunCrypto suspends trading of STC (SaitaChain Coin) in response to U.S. federal charges.
January 2025
Manpreet Kohli appears in London court for extradition proceedings; hearing adjourned pending trial date.
April 2025
Kohli files motion to dismiss U.S. fraud and market manipulation charges, challenging SEC jurisdiction.
Decision Log
- slot 464349691 · hash 38LhxCFfVMk31s2xGquRJH2netRyWdM7fqpM11W8hXHd
- slot 464349686 · hash APKUMU4L7hrRwnmjxmtqz4WLeucj73kRWznPxK81zm2J
- slot 464349681 · hash 9r2PcbTCKLGtzXVWkbZApyjiHTCagfnx3A7hwpCbJELt
- slot 455359207 · hash 9pmfFCPXnJpFUY5fhmYgXf5RPbEPp4CRySZvcFZr4PU8
- slot 422646766 · hash 7RWQiJiw8j113gEar9qfaBr4sF4h3CmCmFzKHj9KKdY9
This investigation is cryptographically anchored to the Solana blockchain (5 decisions). 9 of 11 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:33 AM
last updated: 11/2/2026, 3:48:07 AM
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