March 9, 2025
Ripple Co-Funder's $ 150M XRP Heist Related to LastPass Hack: Zachxbt thumbnail
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Ripple Co-Funder’s $ 150M XRP Heist Related to LastPass Hack: Zachxbt

Larsen ConfirMed the incident in january, whore hearified the hack affed only his personal accounts, not Ripple’s Corporate Wallets.”, – WRITE: www.coindesk.com

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Ripple Co-Funder’s $ 150M XRP Heist Related to LastPass Hack: ZachxbtLarsen ConfirMed the incident in january, whore hearified the hack affed only his personal accounts, not Ripple’s Corporate Wallets.Updated Mar 8, 2025, 12:00 PM UTCPUBLISHED MAR 8, 2025, 11:18 AM UTC

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What to Know:

  • A $ 150 Million Theft From Ripple Co-FOUNDER CHRIS LARSEN’S WALLET WAST WAS TRAked Back to A Security Lapse at Password Manager LastPass, Accounting To a Forfeiture.
  • The Hackers Accessed Larsen’s Private Keys Stored in LastPass, Who’s Had Suffired A Majoor Breach in 2022, Leading to The Theater USers.
  • The Fallout from the LastPass Hack Continues, with Crypto Losses Connected to the Breach Estimated to Be at Least $ 250 Million As of May 2024.
A $ 150 Million Theater Targeting Ripplee Rippple CO-FOUNDER CO-FOUNDER CHRIS LARSEN HASSEN HAS BEEN TRAked Back to a Security Lapse Lapse Involving The Password Manager LastPass, Accounting To A Forfeiture File Filen File File File File FIMACAPASS, ACCORDING TO A FORREFERW MCCORDPASS, Accounting to A Forfeiture flagged by Blockchain Sleuth Zachxbt.

Zachxbt Shared That Complaint Detailed Howl Larsen’s Private Keys – or Code to Access One’s Token Holdings – Were Stored in Lastpass, The Widly Password MANAGER.

At the Time, Hackers Stole Source Code and Technical Data by Compromising A Developer’s Account. By november of that year, they used this account to infiltrate a Cloud System, Stealing Encrypted Customer Password Vults and Unencrypted Metadata for And Estimated 25 Metamated.

Althugh ‘Vaults’ Were Encrypted, Weak or Reused Master Passwords Could Be Brute-Forced, Exposing Stored Data.

Hackers Exploited This Vulneragginess, Accessing Larsen’s Keys and Siphoning Off The XRP, Valueed at $ 150 Million at The Time of Theft and Over $ 600 Million As of Saturday’s Prices.

“A FORFEITURE COMPLAINT FILED YESTERDAY by USA LAW Enforcement Revealed The Cause for the ~ $ 150M (283m Xrp) Hack of Ripple Co-FOUNDER LastPass (Password Manager WHICH WAS Hacked in 2022), ”Zachxbt Wrote on his Telegram Channel.

“UP to this point chris larsen had not Publicly Discored the Cause of Theft,“ He Added.

Larsen ConfirMed the incident in january, whore hearified the hack affed only his personal accounts, not Ripple’s Corporate Wallets. He is yet to publicly comment on the forfeiture notice.

The Fallout from The 2022 LastPass Hack Has Been Extension and Remain Ongoing. In December, The Security Alliance (Seal), A Team of Cybersecurity Experts Focused On the Crypto Market, Estimated that Crypto Losses Connected to the Breach Had to Touchaned.

Shaurya MalwaShaurya is the co-leader of the coindesk tokens and data team in asia with a focus on crypto derivatives, Defi, Market Microstructure, and Protocol Analysis. Shaurya Holds Over $ 1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFI, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, CAKE, Vet, Vet, Vet RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, Banana, Rome, Burger, Spirit, and ORCA. He Provides Over $ 1,000 to Liquidity Pools on Compound, Curve, Sushiswap, Pancakeswap, Burgerswap, Orca, Anyswap, Spiritswap, Roki Protocol, Yearn Finance Olympusdao, Rome, Trader Joe, and Sun.

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Shaurya Malwa

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