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Market News

LastPass Hackers Steal $5.36M from 40 Victims Before Xmas

The total stolen from LastPass now exceeds $45M, with $5.36M converted to Ether and moved through exchanges, tracked by ZachXBT.

Written By:
Ronak Kumar

Reviewed By:
Gopal Solanky

Last updated: December 17, 2024 2:51 PM
Published 2024-12-17
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Last updated: December 17, 2024 2:51 PM
Published 2024-12-17
LastPass Hackers Steal $5.36M from 40  Victims Before Xmas

In a shocking twist just days before Christmas, the notorious LastPass hackers have targeted another 40 victims, stealing a massive $5.36 million in crypto. 

This comes as part of a string of attacks following the December 2022 data breach, where hackers accessed encrypted vault data, compromising users’ private keys and seed phrases.

The total stolen so far now exceeds $45 million, including a $4.4 million theft from October. In the latest attack, blockchain investigator ZachXBT tracked the stolen funds, which were converted to Ether and moved through various exchanges. 

This serves as a harsh reminder for anyone who stored crypto on LastPass before 2023 to move their assets immediately, as hackers are still active.

The LastPass hacks are just the latest in a surge of scams during the holiday season, often referred to as “hacker season.” Blockchain security experts, including the SEAL team, have warned users to transfer their funds before hackers do it for them. 

It’s also important to stay alert for scams during this festive period, with Meta and Cyvers both cautioning against fraudulent gift offers, fake discounts, and phishing attempts.

This wave of cybercrime highlights the increasing need for vigilance, particularly with crypto. As scammers target the holiday shopping rush, users are urged to safeguard their assets by moving them from LastPass and avoiding suspicious links or deals. 

Also Read: Drake’s X account Hacked, Promotes Solana memecoin ‘Anita’

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Ronak Kumar- Crypto Journalist at The Crypto Times
By Ronak Kumar
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Ronak Kumar is a Crypto Journalist with over 3 years of experience covering blockchain, AI, finance, and emerging digital trends. With a background in Commerce (B.Com) and a Postgraduate Diploma in Management (PGDM), he combines business insight with a clear understanding of the evolving crypto space. His reporting has been featured in major publications, with his work cited by NDTV, Hindustan Times, and Outlook India on topics like Trump Memecoin, Bhutan’s crypto mining, and Barron Trump’s digital presence.
Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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