Ripple’s co-founder and executive chairman said on X that his personal wallets were affected by “unauthorised access,” highlighting a tweet that suggested the payments protocol was hacked for about $113 million.
“We were quickly able to catch the problem and notify exchanges to freeze the affected addresses. Law enforcement is already involved,” after the incident yesterday, Chris Larsen wrote on X.
Onchain sleuth ZachXBT posted on X on Wednesday details of an exploit where the culprit drained around 212 million XRP tokens worth an estimated $112.5 million.
The executive quote-tweeted ZachXBT, stating the affected wallets were his own personal accounts and “not @ripple.”
A representative for Ripple declined to comment, telling DL News that the company had nothing to share beyond Larsen’s tweet.