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

cryptoweekly by cryptoweekly
March 7, 2025
in bitcoin, News
0

The LastPass hack had been linked to at least $45 million in crypto thefts as of December 2024.

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 theft.”

Related: ZachXBT rug pull drama reveals extent of unpaid detective work

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Recent Posts
  • Bitcoin in a post-Trump world worries hedge fund execs: Eric Semler
  • Bitcoin futures premium falls to 3-month low despite strong BTC ETF inflows
  • Reddit weighs World’s scanning orbs for user verification — Report
  • Thai SEC opens consultation period for token issuance rules
  • Crypto Biz: AI money rush could reshape digital asset industry
  • Norway’s government explores crypto mining ban amid energy supply concerns
  • Bitcoin’s $96B open interest shows role leverage plays in rallies, but there is a risk

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