Crypto Chaos: LastPass Hackers Strike Again with $150 Million Ripple Heist!

U.S. authorities have seized over $23 million in cryptocurrency linked to a Ripple wallet theft. Investigators believe the LastPass hack from 2022 enabled the theft, with private keys cracked from stolen vaults. Despite the complexity, law enforcement pieced together this crypto caper using a digital magnifying glass and perhaps a bit of luck.

Pro Dashboard

Hot Take:

In the world of crypto, there’s no such thing as a free lunch—especially if you store your private keys in a password manager that’s had more breaches than a sieve. LastPass, it looks like your vaults might be more like pirate chests, leaking treasure maps to the highest bidder. Arrr, matey!

Key Points:

  • U.S. authorities seize over $23 million in cryptocurrency linked to a Ripple wallet theft.
  • The theft is suspected to be tied to the LastPass breach of 2022.
  • Lack of evidence of device hacking suggests stolen password vaults were the vector.
  • The seized funds were traced through multiple cryptocurrency exchanges.
  • Ripple co-founder Chris Larsen’s wallet was reportedly the victim of the theft.

Membership Required

 You must be a member to access this content.

View Membership Levels
Already a member? Log in here
The Nimble Nerd
Confessional Booth of Our Digital Sins

Okay, deep breath, let's get this over with. In the grand act of digital self-sabotage, we've littered this site with cookies. Yep, we did that. Why? So your highness can have a 'premium' experience or whatever. These traitorous cookies hide in your browser, eagerly waiting to welcome you back like a guilty dog that's just chewed your favorite shoe. And, if that's not enough, they also tattle on which parts of our sad little corner of the web you obsess over. Feels dirty, doesn't it?