This week, crooks stole around $112 million worth of the Ripple-focused cryptocurrency XRP from a crypto wallet belonging to the Ripple’s co-founder and executive chairman Chris Larsen.
Larsen pointed out that the hackers compromised his personal XRP accounts, while the @Ripple was not impacted.
Larsen revealed that his company was able to quickly detect the fraudulent activity and freeze the affected address with the support of other exchanges. The Ripple’s co-founder immediately notified law enforcement.
