A Ripple co -founder of $ 150 million aimed at Ripple, Chris Larsen, dates back to a security period that involves the Last Pass password manager, according to a complaint of confiscation presented by the United States police on March 6 marked by the blockchain Zachxbt needle.
Zachxbt shared that the complaint detailed how Larsen’s private keys, or code to access tokens holdings, were stored in LastPass, the widely used password administrator who suffered an important violation in 2022.
At that time, computer pirates stole the source code and technical data to compromise a developer’s account. For November of that year, they used this access to infiltrate in a cloud storage system, stealing password vaults of encrypted customers and non -encrypted metadata for about 25 million users.
Although the ‘vaults’ were encrypted, weak or reused master passwords could be forced, exposing stored data.
Computer pirates exploited this vulnerability, accessing Larsen’s keys and diverting the XRP, valued at $ 150 million at the time of theft and more than $ 600 million from Saturday prices.
“A complaint of confiscation presented yesterday by the United States Police revealed the cause of the wallet of ~ $ 150 million (283 million XRP) of the Ripple co -founder, the wallet of Chris Larsen in January 2024 was the result of storing private keys in LastPass (password administrator that was pirated in 2022),” Zachxbt wrote on his telegram channel.
“Until this point, Chris Larsen had not publicly revealed the cause of theft,” he added.
Larsen confirmed the incident in January, where he clarified the Hack affected only his personal accounts, not Ripple’s corporate wallets. You still have to comment publicly about the confiscation notice.
The consequences of the 2022 Lastpass trick have been extensive and remain in progress. In December, the Security Alliance (SEAL), a team of cybersecurity experts focused on the cryptography market, estimated that cryptographic losses connected to the rape had played at least $ 250 million as of May 2024.
