LastPass Breach Fallout: $23M in Stolen Crypto Seized, But Where’s the Accountability?

U.S. authorities nabbed $23M in crypto linked to a Ripple wallet hack. The plot twist? It traces back to the 2022 LastPass breach, making it the ultimate “password manager gone rogue” story. Crypto thieves danced through exchanges, but the feds finally pulled the plug on their digital conga line.

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Hot Take:

Oh, how the mighty have fallen! It seems like LastPass is having a real “oopsie daisy” moment, with their 2022 breaches turning into a crypto heist of blockbuster proportions. $23 million worth of crypto has been seized, but it’s just a drop in the $150 million Ripple bucket. Maybe it’s time to rename “Secure Notes” to “Not-So-Secure Notes”?

Key Points:

  • U.S. authorities seized $23M in crypto tied to a Ripple hack linked to the 2022 LastPass breach.
  • Ripple co-founder Chris Larsen was identified as the victim by researcher ZachXBT.
  • Stolen funds were laundered across multiple crypto exchanges.
  • Investigators suspect private keys were extracted from cracked LastPass vaults.
  • LastPass claims no conclusive evidence connects their breach to the crypto thefts.

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