• We Deep Dive: LastPass Hack - $23M Crypto Seized in Ripple Wallet Theft

  • Mar 8 2025
  • Length: 14 mins
  • Podcast

We Deep Dive: LastPass Hack - $23M Crypto Seized in Ripple Wallet Theft

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  • Summary

  • US authorities have seized cryptocurrency linked to a significant theft from a Ripple wallet, suspecting the attackers exploited data from the 2022 LastPass breach. Investigators believe the hackers decrypted password vaults stolen during the LastPass incident to extract private keys. These keys allegedly allowed them to access and steal cryptocurrency from victims, with the seized funds traced to various cryptocurrency exchanges. The Justice Department's complaint aligns the Ripple theft with the LastPass breach and similar crypto heists. LastPass claims they are co-operating with law enforcement but haven't been informed of any conclusive evidence linking crypto thefts to their security incident.

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