Ripple’s co-founder and executive chairman Chris Larsen faced a staggering loss exceeding $661 million in XRP last year. This major setback reportedly arose from a cyber attack on the password manager LastPass, which compromised sensitive information. The incident highlights the ongoing security vulnerabilities in the cryptocurrency space, reminding investors about the importance of safeguarding their digital assets. Larsen’s loss not only signifies a personal financial blow but also raises questions about the safety measures in place for prominent figures in the crypto world. As this story unfolds, the implications for Ripple and its investors will be significant.