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Author Topic: Ripple executive Chris Larsen was hacked.  (Read 1477 times)

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Re: Ripple executive Chris Larsen was hacked.
« Reply #15 on: March 04, 2024, 07:40:35 AM »
There are many possibilities as to what really happened, but I think it is very coincidental that these events occur right at times like this, knowing the problems Ripple has with the SEC. Don't you think it could be the most opportune time for the SEC to add "the poor security" of Ripple products and the threat it poses to its users?. I think it would be a very sure blow for the SEC and a very hard blow for Ripple.

I don't think the SEC will use an argument like the "hacking" of Larsen's wallets, but I think it's a possibility they could use if Ripple gained ground judicially. A security audit for Ripple would not be good publicity for them and could ruin all the products they offer to the public.
All in all, the situation is as suspicious as possible. Alas, we will never know the truth. But somehow strange was the very fact that hackers sent cryptocurrency to the Centralized Exchange. It may be as you wrote. But the SEC could easily take notice of this situation. And then it's just a matter of luck. Suddenly there will be unspoken scrutiny and tc, these guys can do whatever (they) want and need.

From the outside, to be honest? I thought Chris and a few people in his inner circle were directly involved in the scheme. Or Chris knew in advance that this break-in was going to happen.  There's a lot of speculation as to what and how.  ::)
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Re: Ripple executive Chris Larsen was hacked.
« Reply #15 on: March 04, 2024, 07:40:35 AM »

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Re: Ripple executive Chris Larsen was hacked.
« Reply #16 on: March 06, 2024, 12:39:47 PM »
All in all, the situation is as suspicious as possible. Alas, we will never know the truth. But somehow strange was the very fact that hackers sent cryptocurrency to the Centralized Exchange. It may be as you wrote. But the SEC could easily take notice of this situation. And then it's just a matter of luck. Suddenly there will be unspoken scrutiny and tc, these guys can do whatever (they) want and need.

From the outside, to be honest? I thought Chris and a few people in his inner circle were directly involved in the scheme. Or Chris knew in advance that this break-in was going to happen.  There's a lot of speculation as to what and how.  ::)

Exactly, it is very possible that there are several people in Larsen's close circle who could be involved in what happened. Thinking about it coldly, it is a way to “escape” without leaving a trace or suspicion. As you say, Larsen likely has inside information about where this whole process is going and wants to cover his back. But that, probably, is something that we will never know, like what happened with FTX, with Do Kwon or with... The list of cases expands every day. Lies, half-truths, blaming others and even a supposed hack are something widely used in this industry.
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