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Ripple was not hacked for $112M XRP — but its co-founder was – Blockworks

Ripple was not hacked for $112M XRP — but its co-founder was – Blockworks

ZachXBT flagged the outflows, which took place on Tuesdayby Katherine Ross /January 31, 2024 09:52 amRipple co-founder Chris Larsen | Kevin Moloney/Fortune Brainstorm TECH/”Fortune Brainstorm TECH 2014″ (CC license)An on-chain detective has flagged odd XRP outflows worth roughly $112 million from addresses linked to Ripple Labs.ZachXBT, in a post on X Wednesday, said that Ripple seemed to have been hacked for 213 million XRP.However, Ripple co-founder Chris Larsen responded that his Ripple accounts had been compromised, not Ripple itself.Larsen said there had been “unauthorized access to a few of my personal XRP accounts.”“We were quickly able to catch the problem and… 

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