According to BlockBeats, a recent forfeiture lawsuit filed by U.S. law enforcement has revealed the cause behind the theft of approximately $150 million (283 million XRP) from Ripple co-founder Chris Larsen in January 2024. The incident was traced back to Larsen storing his private keys in the LastPass password manager, which suffered a data breach in 2022.
The documents indicate that victims who entered their cryptocurrency wallet private keys into the online password manager subsequently destroyed any physical records of these keys. LastPass experienced significant data breaches in August and November 2022, during which attackers stole encrypted passwords and vault data. The FBI's investigation uncovered that the stolen data was used to illegally access the electronic accounts of multiple victims, leading to the theft of information, cryptocurrencies, and other data.
