The post Ripple News: Inside the $112 Million XRP Hack; What Happened to Chris Larsen’s Account? appeared first on Coinpedia Fintech News
In a major cybersecurity breach, 2024 witnessed the largest cryptocurrency theft, involving $112.5 million worth of XRP. The target of the attack was Ripple’s Executive Chairman, Chris Larsen. The incident led to a more than 5% drop in the value of Ripple’s XRP token. What Happened? The news surfaced when blockchain analyst ZachXBT reported the …