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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
  • Mercado Bitcoin announces tokenization of $200M in RWAs on XRPL
  • The XRP signal that preceded 25% average drops in 2025 flashes again
  • Tokenized equity still in regulatory grey zone — Attorneys
  • Crypto’s path to legitimacy runs through the CARF regulation
  • DeFi, TradFi convergence could arrive sooner than expected: JPMorgan
  • Bitcoin miners gambled on AI last year, and it paid off
  • Russia goes after illegal miners with new registry for crypto mining rigs

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