Ripple's chairman Chris Larsen hacked for reported 213M XRP worth approximately $112.5M

The alleged hack was reported by internet sleuth ZachXBT

Ripple’s Chairman, Chris Larsen, said on Jan.31 that his personal accounts were hacked. The news was first reported by crypto analyst “ZachXBT,” where it was initially thought that company itself had been hacked. 

News of the hack spread swiftly; the price of XRP subsequently dipped by about $0.01, but it rebounded quickly and remains near flat nearly an hour after the hack was initially reported.

This is a developing story, and further information will be added as it becomes available.

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