Summary

  • A court filing from US federal agents has revealed that $150m worth of cryptocurrency was stolen from a wallet owned by co-founder of Ripple, Chris Larsen, through password vault service, LastPass.
  • This conclusion was reached following findings from security researchers at KrebsOnSecurity in September 2023.
  • These revealed a pattern of similar heists among dozens of victims across the previous year with analysis showing that these all used the same password manager service.
  • The conclusion of the US Secret Service and FBI is that these crimes were all committed by the same hackers.
  • While LastPass continues to state there is no definitive proof that these crimes are linked to its 2022 breaches, its continued calls for enhanced security measures suggest this is a strong possibility.

By BrianKrebs

Original Article