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Ripple's XRP Drops 5% After Executive Is Hacked, Sparking Rumors of Network Breach

Ripple Executive Chairman Chris Larsen said the stolen funds all came from his "personal XRP accounts" in response to a report from blockchain analyst ZachXBT.

By Oliver Knight, Sam Kessler|Edited by Aoyon Ashraf

Updated Mar 8, 2024, 8:46 p.m. Published Jan 31, 2024, 2:24 p.m.

Ripple Executive Chris Larsen says he was hacked on Tuesday. (Jesse Hamilton/CoinDesk)