Cybercriminals behind the $150 million hack of Ripple co-founder Chris Larsen’s crypto wallets reportedly had entry to non-public keys that have been saved within the password supervisor LastPass.
That’s in accordance with crypto sleuth ZachXBT, who shared a forfeiture grievance filed by america yesterday. The doc was submitted within the Northern District Court docket of California and disclosed the seizure of varied cryptocurrencies, value over $23.6 million, from exchanges corresponding to OKX, Kraken, and others.
ZachXBT claimed, “Up to this point Chris Larsen had not publicly disclosed the cause of the theft.”
In January 2024, hackers stole over 283 million XRP (value round $150 million) from Larsen’s crypto wallets. On the time, ZachXBT tracked the stolen belongings and claimed they have been being laundered by means of exchanges, together with “MEXC, Gate, Binance, Kraken, OKX, HTX, and HitBTC.”
Be trustworthy… Has your group forgotten LastPass was breached in 2022 which has result in 9 figures in cryptocurrency thefts?
Let’s not overlook your group has lengthy lined up the extent of the assault and gaslit many confirmed victims.
Now yesterday in a forfeiture grievance even legislation… pic.twitter.com/GFFqZSq3kL
— ZachXBT (@zachxbt) March 7, 2025
The forfeiture grievance particulars how an affiliate of Larsen, who managed his crypto wallets, saved his non-public keys in a web-based password supervisor that was breached in August 2022 and November 2022.
Certainly, a timeline of hacks affecting LastPass correlates with the grievance. The grievance claims that stolen information and passwords obtained from these breaches “were used to illegally, and without authorization, access the victims’ electronic accounts and steal information, cryptocurrency, and other data.”
Authorities seized the stolen funds below warrants issued by Justice of the Peace courtroom judges within the Northern District of California. The grievance states that the funds ought to now be “forfeited to the US government for proper disposition.”