Analysts Trace $35M Crypto Theft to LastPass 2022 Breach
🔎 TRM Labs investigators say a 2022 data breach at LastPass enabled sustained thefts that drained millions in cryptocurrency from user wallets over several years. The firm traced approximately $28m stolen from 2024 to early 2025 and a further $7m in September 2025, with funds routed to Russian exchanges and money‑laundering services. Using proprietary demixing techniques, analysts were able to correlate CoinJoin‑mixed transactions to withdrawal clusters tied to Russia‑based infrastructure. The report underscores the long‑tail risk from exposed password vault backups and reiterates the need for MFA and prompt password changes.
