Ripple co-founder Chris Larsen fell victim to a cyber theft that saw $112 million worth of XRP siphoned from his accounts. This incident, initially perceived as a targeted attack on an individual’s digital assets, has taken a new turn following an investigation by Hacken, a leading cybersecurity firm. The probe uncovered connections between two compromised wallets and what is known as “XRP’s authorized wallet,” hinting at potentially more significant security implications for the cryptocurrency.
Investigation Unveils Complex Transaction Network
Hacken’s extensive analysis of the theft revealed an intricate web of transactions across different exchange addresses. In particular, the Kraken exchange was seen as a channel for money laundering.
@Ripple Case: Insights That Went Unnoticed
Driven by peculiar intricacies surrounding a recent XRP event, our team embarked on an in-depth inquiry
The key outcome of our investigation: two wallets, that took a central stage in the incident
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