Posted 1/31/2024, 4:17:29 PM
Ripple Co-Founder Chris Larsen Loses $112.5 Million in XRP After Hack of Personal Accounts
- Ripple co-founder Chris Larsen's personal XRP accounts were hacked, with $112.5 million in tokens stolen
- The stolen tokens were laundered through exchanges like Binance, Kraken, and OKX
- Larsen stated law enforcement has already been notified about the unauthorized access
- Ripple's XRP token fell over 5% on Wednesday amid speculation over the hack
- The incident comes as XRP has already fallen 19% in value so far this year