Check this out:
Xploder PSX Code Cryptor
From the README:
Download xpcrypt (Win32)
Xploder PSX Code Cryptor
From the README:
Code:
Even though I cracked the Xploder code encryption many years ago, I never released an actual crypto program publicly. (I only put out the reverse- engineered crypto routines but nobody used them to develop a program.) However, here is xpcrypt, a simple console application which allows you to decrypt or encrypt Xploder codes for PSX. Feel free to write a more sophisticated tool. ;)

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