FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group

Share This Post

FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group

The Federal Bureau of Investigation (FBI) says it has confirmed that North Korea’s Lazarus Group was behind the crypto theft of about $41 million from online crypto casino and sports betting platform Stake.com. The FBI has provided a number of Bitcoin, Ethereum, Binance Smart Chain (BSC), and Polygon addresses that received stolen funds from Stake.com.

FBI Attributes $41M Crypto Theft to Lazarus Group From DPRK

The Federal Bureau of Investigation (FBI) announced Wednesday that it has identified Lazarus Group’s cyber actors as responsible for the theft of approximately $41 million in cryptocurrency from Stake.com. The announcement states:

The FBI is issuing this release to warn the public regarding the theft of approximately $41 million in virtual currency from Stake.com, an online casino and betting platform. The FBI has confirmed that this theft took place on or about September 4, 2023, and attributes it to the Lazarus Group (also known as APT38) which is comprised of DPRK cyber actors.

The FBI also provided Bitcoin, Ethereum, Binance Smart Chain (BSC), and Polygon wallet addresses to which DPRK cyber actors purportedly transferred the stolen cryptocurrencies from Stake.com.

The FBI noted that the same DPRK cyber actors are also responsible for several other high-profile international crypto heists, adding that in 2023 alone, DPRK cyber actors have stolen more than $200 million. “This amount includes, but is not limited to, approximately $60 million of virtual currency from Alphapo and Coinspaid on or about July 22, 2023, and approximately $100 million of virtual currency from Atomic Wallet on or about June 2, 2023,” the Bureau detailed.

Moreover, the FBI advised: “Private sector entities are encouraged to review the previously released Cyber Security Advisory on Tradertraitor and examine the blockchain data associated with the above-referenced virtual currency addresses and be vigilant in guarding against transactions directly with, or derived from, those addresses.”

What do you think about Lazarus Group being behind Stake.com’s crypto theft? Let us know in the comments section below.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Several Sleeping Bitcoin Wallets Reactivate After Years of Inactivity

According to data, several longtime holders have recently reactivated wallets containing hundreds of bitcoins for the first time in years One inactive address, created on April 1, 2013, transferred

Crypto Analyst Says Ethereum Competitor Fantom (FTM) Could Jump To $1.2

Crypto analyst Altcoin Sherpa has provided a bullish narrative for Fantom (FTM), suggesting that the crypto token could soon make a significant rally to the upside The analyst also hinted at how

Consensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like Metamask

Consensys Software has issued a statement addressing US Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps

Sealana Sets July 2 Date for Airdrop, Last Chance to Invest Before DEX Launch

The crypto community is buzzing as Sealana (SEAL) prepares for its July 2 airdrop and DEX listing With the presale entering its final days, investors are scrambling for a last-minute chance to buy

Judge dismisses counts related to BUSD, BNB sales in SEC-Binance lawsuit

The US Securities and Exchange Commission (SEC) lawsuit against Binance and its co-founder Changpeng Zhao (CZ) is set to proceed after a Friday ruling A judge in the US District Court for the

Ledn Co-Founder Mauricio Di Bartolomeo States Crypto Will Be a Determinant Factor on Latam Elections: ‘People Want Bitcoin’

Mauricio Di Bartolomeo, co-founder and CSO of Ledn, a Canada-based bitcoin lending platform, stated that Latam citizens are shifting to elect governments supporting bitcoin as a better money