More $6.2M Drained from 22 LastPass Hack Victims: Details

  coinedition.com 2 h

Users of the password manager LastPass continue to bear the consequences of their earlier reliance on the service. Recently, renowned crypto investigator ZachXBT disclosed that a new round of crypto funds has been siphoned from individuals who have had exposure to LastPass.

According to the report, an additional $6.2 million has been drained from victims of the LastPass hack. This latest round of theft occurred between February 19 and 20, affecting over 22 individuals. Moreover, the investigator highlighted that the stolen funds on EVM chains were swiftly exchanged and bridged to Bitcoin.

Significantly, this latest report expands upon previous updates on crypto users affiliated with LastPass. In October 2023, Coin Edition reported that over 80 distinct crypto wallets belonging to more than 25 victims were compromised. At that time, the monetary value of the funds stolen exceeded $4.4 million.

ZachXBT pointed out that nearly all of these victims are long-term users of LastPass or people who have confirmed storing their crypto keys and seeds within the LastPass platform. These individuals have collectively lost at least $10.6 million to hacks resulting from their affiliation with LastPass.

In December 2022, the password manager confirmed its compromise, with source code and technical data stolen. Reports indicate that the compromised information includes cloud storage access keys and duplicated data, comprising company names, usernames, billing addresses, email addresses, phone numbers, and IP addresses.

Notably, crypto enthusiasts who may have stored their seed phrases or keys in LastPass have been strongly encouraged to migrate their crypto assets to minimize the risk of becoming victims of hacks.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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