In September 2023, KrebsOnSecurity published findings from security researchers who concluded that a series of six-figure cyberheists across dozens of victims resulted from thieves cracking master passwords stolen from the password manager service LastPass in 2022. In a court filing this week, U.S. federal agents investigating a spectacular $150 million cryptocurrency heist said they had reached the same conclusion.
On March 6, federal prosecutors in northern California said they seized approximately $24 million worth of cryptocurrencies that were clawed back following a $150 million cyberheist on Jan. 30, 2024. The complaint refers to the person robbed only as “Victim-1,” but according to blockchain security researcher ZachXBT the theft was perpetrated against Chris Larsen, the co-founder of the cryptocurrency platform Ripple.
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