The Ripple credit network has emerged as the payment backbone with indisputable advantages for financial institutions and the remittance industry. Ripple�s market capitalization is currently third only to Bitcoin and Ethereum. Its path-based IOweYou (IOU) settlements across different currencies conceptually distinguishes the Ripple blockchain from the cryptocurrencies (such as Bitcoin) and makes it highly suitable to an orthogonal yet vast set of applications in the remittance world and beyond. In this talk, I present our recent study of the structure and evolution of the Ripple network since its inception, and our research results regarding its vulnerability to attacks that harm the IOU credit of its wallets. We find that about 13M USD are at risk in the current Ripple network due to inappropriate configuration of the rippling flag on credit links that paves the way to undesired redistribution of credit across those links. Although the Ripple network has grown around a few highly connected hub (gateway) wallets that make the core of the network and provide high liquidity to users, such credit link distribution results in a user base of around 112,000 wallets that can be financially alienated by as few as 10 highly connected gateway wallets. Indeed, today about 4.9M USD cannot be withdrawn by their owners from the Ripple network due to PayRoutes, a gateway tagged as faulty by the Ripple community. Finally, we observe that stale exchange offers pose a real problem, and exchanges (market makers) have not always been vigilant about periodically updating their exchange offers according to current real-world exchange rates. For example, stale offers were used by 84 Ripple wallets to gain more than 4.5M USD from mid-July to mid-August 2017. Our findings should prompt the Ripple community to improve the health of the network by educating its users on increasing their connectivity, and by appropriately maintaining the credit limits, rippling flags, and exchange offers on their IOU credit links.