Another LastPass user loses $200,000 on Crypto to hackers

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According to a recent lawsuit, anonymous LastPass user has accused the company of losing $200,000 on Crypto Hack. Specifically, he claims that Last Pass did not give notice of a 2022 security breaches.

Still, this lack of notification may have not helped the victim. He held seed phrases on the platform, allowing hackers to regenerate Ethereum wallets and discharge all their funds.

More Cryptographic Theft from the infamous Last Pass Hack surfaces

The Crypto industry has seen several major hacks in recent years, and some of them are handled by LastPass data breach.

In the second half of 2022, hackers managed to steal a large amount of user information, and the following year $4.4 million was stolen from 25 users. Today, one of them is suing it.

According to the lawsuit, Huck’s victim remains anonymous, but is seeking personal injury damage from the last pass. Because of this anonymity, the information has not been much identified, but he hired a San Diego-based consumer law firm and filed a lawsuit in Washington.

The victim claims that the Last Pass never informed him about the 2022 hack. He held the seed phrase on the platform, and the hackers quietly stole this information. It will then be easy and easy to regenerate his independent wallet and drain all the funds.

To play the devil’s defender, If LastPass allegedly fails to notify the victim, it will not affect the actual hack. Under no circumstances should there be no crypto users. Bring the seed phrase online.

Even if a password protector works to notify all 25 million victims immediately, seed phrases cannot be changed after generation.

In other words, even if he was immediately notified, his wallet was irreparable. The victim may have used up his own funds and transferred, but that was only if he acted quickly.

Still, regardless of the particular damage, it is an unfortunate incident. LastPass is still a functional company, even if the hack is causing prolonged fallout. You could always reach a settlement to avoid a long legal battle.