Crypto Gambling Platform Stake Hacked for $41 Million by Lazarus Group, FBI Reports
Summary:
Crypto gambling platform Stake was hacked, resulting in the theft of over $41 million worth of cryptocurrency from its hot wallets. The FBI has identified the Lazarus Group, a cybercrime organization associated with North Korea, as the culprit. The stolen funds are held in various addresses across different networks. The FBI advises caution and avoidance of transactions with these addresses. The Lazarus Group is also responsible for other hacks that have resulted in over $200 million in stolen crypto this year.
Crypto gambling platform Stake fell victim to a cyberattack on September 4, resulting in the theft of more than $41 million worth of cryptocurrency from its hot wallets. Stake has assured users that only a small percentage of funds were obtained by the hacker and that there will be no impact on users. The FBI, following an investigation, has identified the notorious cybercrime group Lazarus Group, believed to be linked to North Korea, as the perpetrator of the attack. The stolen funds are now held in various addresses across the Bitcoin, Ethereum, Binance Smart Chain, and Polygon networks. The FBI has advised the crypto industry to exercise caution and avoid transacting with these addresses. Additionally, the FBI has attributed the Alphapo, Coinspaid, and Atomic Wallet hacks to Lazarus Group, estimating that the group has stolen over $200 million in cryptocurrency this year. Alphapo suffered suspicious withdrawals amounting to $65 million, Coinspaid lost over $37 million through social engineering, and Atomic Wallet users lost $100 million through an unknown exploit in June.
Published At
9/7/2023 7:30:00 PM
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