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LastPass Breach Leads to $150M Hack

LastPass Breach Linked to $150M Crypto Theft from Ripple Co-founder

  • A LastPass security breach in 2022 led to the theft of 213 million XRP tokens from Chris Larsen.
  • The stolen XRP was valued at $112 million at the time of the theft.
  • Total losses from the LastPass breach amount to $250 million due to ongoing crypto thefts.
  • Stolen funds were moved quickly to exchanges like Binance, Kraken, and OKX.
  • Larsen confirmed it was an isolated incident affecting his personal accounts, not Ripple’s corporate wallets.

The LastPass security breach has resulted in significant financial losses, with Chris Larsen losing $150 million in XRP tokens. The total impact of the breach has reached $250 million as attackers continue exploiting stolen data.

Source (2.6)https://cryptobriefing.com/ripple-co-founder-hack/?rand=59535
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