Russia Linked to $35M in Stolen Crypto From the LastPass Hack

Russian cybercriminals are likely responsible for the laundering of more than $35 million in cryptocurrency stolen from LastPass users, according to a report by blockchain intelligence firm TRM Labs.

The analysis linked the multi-year drain of crypto wallets to the 2022 breach of the password manager LastPass. It noted that the stolen funds moved through illicit financial infrastructure tied to Russia’s cybercriminal underground.

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How Russian Cybercriminals Laundered the Stolen Funds

TRM Labs researchers found that the attackers used privacy protocols to obscure the money trail, but ultimately routed the funds to Russia-based platforms.

According to the report, the perpetrators have continued to siphon assets from…

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