U.S. authorities have seized over $23 million in cryptocurrency linked to the theft of $150 million from a Ripple crypto wallet in January 2024. Investigators believe hackers who breached LastPass in 2022 were behind the attack. Despite the threat actors' efforts, law enforcement agents traced $23,604,815.09 of the stolen digital assets between June 2024 and February 2025 to the following cryptocurrency exchanges: OKX, Payward Interactive, Inc. (dba Kraken), WhiteBIT, AscendEX Technology SRL, Ftrader Ltd (dba FixedFloat), SwapSpace LLC, and Rabbit Finance LLC (dba CoinRabbit). A forfeiture complaint unsealed by the U.S. Justice Department yesterday and first spotted by crypto fraud investigator ZachXBT reveals that U.S. Secret Service agents who interviewed the victim believe the attackers could have only stolen the cryptocurrency using private keys extracted by cracking the victim's password vault stolen in a 2022 breach of an online password manager. They found that the stolen data and passwords stored in several victims' password manager accounts were used by attackers to access "their electronic accounts and steal information, cryptocurrency, and other data." They also discovered no evidence that the victim's devices were hacked, which points to the decryption of the stolen online password manager data as the only way the attackers could have obtained the keys needed to compromise the victim's crypto wallet. "The scale of a theft and rapid dissipation of funds would have...
US seizes $23 million in crypto linked to LastPass breaches
BleepingComputer
·Sergiu Gatlan
·Published Mar 7, 2025
·Updated
Affected Software
2 affected components
LastPass LastPass
LastPass Password Manager
Frequently Asked Questions
1
What is the main topic of this article?
The article discusses the seizure of $23 million in cryptocurrency tied to a breach of the LastPass password manager.
2
What security implications are discussed in relation to LastPass?
The article highlights how a breach of LastPass in 2022 has been linked to a significant theft from a crypto wallet.
3
What amount of cryptocurrency was seized by U.S. authorities?
U.S. authorities seized over $23 million in cryptocurrency.
4
What was the total amount stolen from the Ripple crypto wallet?
Hackers stole approximately $150 million from a Ripple crypto wallet.
5
What event prompted the investigation leading to the seizure of stolen cryptocurrency?
The investigation was triggered by the January 2024 theft from the Ripple crypto wallet linked to the LastPass breach.