Around 25 crypto users using prominent password manager LastPass lost more than $4 million worth of digital assets on October 25, according to on-chain sleuth ZachXBT.

ZachXBT, in collaboration with fellow investigator Tayvano, traced back the exploit to December 2022, when LastPass confirmed a breach.

$4.4 Million Stolen from LastPass Customers

At the time, LastPass said the hackers copied a backup of its customer vault data. This included information about website usernames and passwords, secure notes, and form-filled data. 

Since then, malicious players have drained wallets belonging to crypto users who might have saved their seed phrases on the platform. Reports had estimated that more than $35 million had been stolen from over 150 victims since December.

An October 27 post from Tayvano revealed that the most recent exploit affected around 80 crypto addresses belonging to these 25 victims. Resulting in a loss of $4.4 million.

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Author: Oluwapelumi Adejumo

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