On January 31st, according to blockchain investigator ZachXBT, Ripple fell victim to a hacking attack resulting in the theft of 213 million XRP, valued at approximately $112.5 million. Ripple's co-founder, Chris Larsen, tweeted, "Yesterday, there was unauthorized access to a few of my personal XRP accounts (not @Ripple) – we were quickly able to catch the problem and notify exchanges to freeze the affected addresses. Law enforcement is already involved."