LastPass Threat Actor Drains $5.4M In Crypto From Over 40 Victim Addresses

LastPass threat actor drains over $5.3M in crypto from 40+ wallets, linked to 2022 security breach, reports ZachXBT.
LastPass Threat Actor Drains $5.4M In Crypto From Over 40 Victim Addresses
LastPass Threat Actor Drains $5.4M In Crypto From Over 40 Victim Addresses

Key Takeaways

  • The theft is linked to the 2022 security breach at LastPass that compromised sensitive customer data.
  • The stolen funds were swapped for ETH and transferred to instant exchanges before being converted to Bitcoin.
  • 'Blockchain sleuth' ZachXBT warns crypto users who stored sensitive information in LastPass to migrate their assets immediately.

LastPass Threat Actor Steals $5.36M in Crypto

'Blockchain sleuth' ZachXBT reports that over $5.36M in crypto was stolen from more than 40 victim addresses.

The hack is linked to the 2022 LastPass security breach, which exposed sensitive data, including API tokens and MFA seeds.

The stolen funds were swapped for ETH and moved to instant exchanges, eventually converted into Bitcoin.

Attacks tied to the LastPass breach have resulted in multiple waves of crypto theft, including significant losses in 2023 and 2024.

Security Breach Leads to Ongoing Cryptocurrency Hacks

ZachXBT has identified two previous major hacks connected to the LastPass breach, stealing $4.4M in October 2023 and $6.2M in February 2024.

The attackers used stolen customer data to access and drain funds from victims' cryptocurrency wallets.

The ongoing impact of the 2022 breach has caused considerable financial losses within the crypto community.

ZachXBT Urges Crypto Users to Secure Their Assets

ZachXBT strongly advises anyone who stored keys or seed phrases in LastPass to immediately migrate their crypto assets.

His warning emphasizes the risk of continued attacks targeting users with compromised data from the breach.

The persistent threat underscores the importance of maintaining secure key management practices to protect crypto assets.

[Original Article]

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