The alleged hack was reported by internet sleuth ZachXBT.
Ripple co-founder and executive chairman Chris Larsen said on Jan. 31 that his personal accounts had been hacked. The news was first reported by crypto analyst ZachXBT, where it was initially thought that the company itself had been hacked.
However, as Larsen’s X post indicates, law enforcement is involved and has currently frozen accounts related to the breach. It’s unclear at this time whether the funds remain in exchange custody.
Ripple didn’t immediately respond to a request for comment.