It has been confirmed, folks. Ripple's Chris Larson was hacked for over $100 million of XRP. Ripple was not hacked.
It was Chris Larson who had unauthorized access to his personal XRP accounts, and they actually stole $112 million worth.
Now, Chris Larson says they were quickly able to catch this and actually notify the exchanges to freeze the affected addresses, and now they're getting law enforcement involved.
So it's going to be very interesting to see how he recovers his funds because regular people, when they get hacked, they can't just contact an exchange and get the funds frozen and then get the police quickly involved.
So he has special privilege, obviously, but what's up with these people getting hacked? We had the Algorand CEO get hacked, her Twitter account.
Now we've got Chris Larson's personal accounts getting hacked. Apparently, the hacker also had access to some Ripple wallets and activated new accounts from the Ripple wallets.
So kind of Ripple was hacked, but if they dumped that, there could be a lot of selling pressure.
But Chris Larson was hacked. He did confirm it.
Just what we need, more doubt and uncertainty with $XRP . Just what we need, amazing news.
That's sarcasm, by the way.
