Ripple co-founder Larsen’s $150M XRP theft linked to LastPass breach

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The January 2024 theft of 283 million XRP (XRP) from Ripple co-founder Chris Larsen’s personal accounts has been linked to a password manager breach, according to a forfeiture complaint filed by US law enforcement revealed by crypto investigator ZachXBT.

The investigator shared a screenshot of the forfeiture complaint in his Telegram channel on March 7, claiming the theft “was the result of storing private keys in LastPass (password manager which was hacked in 2022). Up to this point, Chris Larsen had not publicly disclosed the cause of the…



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Ripple co-founder Larsen’s $150M XRP theft linked to LastPass breach


The January 2024 theft of 283 million XRP (XRP) from Ripple co-founder Chris Larsen’s personal accounts has been linked to a password manager breach, according to a forfeiture complaint filed by US law enforcement revealed by crypto investigator ZachXBT.

The investigator shared a screenshot of the forfeiture complaint in his Telegram channel on March 7, claiming the theft “was the result of storing private keys in LastPass (password manager which was hacked in 2022). Up to this point, Chris Larsen had not publicly disclosed the cause of the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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