Blockchain security company Hacken recently revealed the connection between a hack against Ripple co-founder and chairman Chris Larsen's personal wallet and XRP authorized wallets. The hack occurred on January 31st and caused Larsen to lose 213 million XRP, worth $112.5 million. Hacken revealed that the hack involved two core wallets related to XRP authorized wallets. Due to the complexity of the incident, the investigation initially focused on a wallet with the address starting with "rJNLz3A1", which was identified as the compromised XRP wallet. Through analysis of incoming and outgoing transactions, Hacken's research indicates that most of the stolen funds were transferred to different exchange addresses, including one from Kraken, which was reportedly used to transfer funds. Specifically, a wallet address starting with "rU1bPM4" had a significant amount of transactions with Larsen and was associated with the wallet used by the hacker. This account has a long-standing relationship with XRP and, prior to the incident, sent 64.6 million XRP to Larsen and participated in a transaction with Kraken's deposit address, reportedly used to transfer funds from the attack. Although Hacken did not reach the conclusion that the attack was carried out by insiders, the connection between the wallets involved and XRP authorized wallets is unusual.

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