Chris Larsen, co-founder of Ripple, the issuing company of the eponymous cryptocurrency (XRP), suffered a hack in his personal wallet. He had 213 million XRP stolen, which is equivalent to USD 112.5 million.

The businessman himself confirmed the news through a message on the social network And he added later that "the problem was quickly detected and the exchanges were notified to freeze the affected addresses." "Law enforcement is already involved," the message concludes.

Regarding the hack, cybersecurity specialist ZachXBT reported that the source address of the funds is rJNLz3A1qPKfWCtJLPhmMZAfBkutC2Qojm. When inspected in the web explorer, you can see many outgoing transactions with large amounts made on Tuesday, January 30.

Furthermore, the expert reports that the funds are being laundered through various cryptocurrency exchanges. Specifically, he mentions the platforms MEXC, Gate.io, Binance, Kraken, OKX, HTX and HitBTC, among others.