U.S. authorities seized $23M in crypto linked to a $150M Ripple wallet theft, experts believe the incident is linked to the 2022 LastPass breach.
Authorities seized $24M in frozen assets before they could be withdrawn, aligning with prior findings that cybercriminals cracked master passwords from LastPass to carry out major heists.
Law enforcement traced $23,604,815.09 of stolen crypto between June 2024 and February 2025 to multiple exchanges, including OKX, Kraken, WhiteBIT, AscendEX, FixedFloat, SwapSpace, and CoinRabbit.
Investigators found no evidence of device hacking, supporting the hypothesis that attackers decrypted stolen password manager data to access the victim’s crypto wallet.