• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

FBI Identifies North Korean Lazarus Group as Culprit Behind $41 Million Stake Casino Hack

September 8, 2023
in Crypto News
Reading Time: 2min read
0 0
A A
0
FBI Identifies North Korean Lazarus Group as Culprit Behind $41 Million Stake Casino Hack
0
SHARES
4
VIEWS
ShareShareShareShareShare
Source: Adobe / beebright

North Korean hackers at the infamous Lazarus Group have by the FBI been identified as responsible for stealing $41 million worth of crypto from the online crypto casino Stake.

The attack, which took place around September 4, drained funds over the blockchain networks Ethereum, BNB Chain (formerly Binance Smart Chain/BSC), Polygon and Bitcoin, the FBI said in a statement published on Wednesday this week.

The statement listed 33 wallet addresses believed to be involved in the attack, and officially attributed it to North Korea’s Lazarus Group (also known as APT38).

Unusual transactions on Monday

A crypto casino backed by the popular rapper Drake, Stake first experienced unusual outbound transactions on Monday.

The transactions were spotted by blockchain security firm PeckShield, which shared a link to the on-chain activity on X:

Other blockchain security firms followed up, with Beosin estimating the total loss to be around $41.35 million, encompassing $15.7 million on Ethereum, $7.8 million on Polygon, and another $17.8 million from Binance Smart Chain.

The activity sparked widespread concerns across the digital asset community at the time, with many calling it the latest rugpull in the market amid plunging prices.

Despite the major loss, services on the casino were resumed later the same day, with Stake simply telling their followers on X that they “apologise for any inconvenience.”

Since posting the apology on Monday, Stake has not mentioned anything about the hacking incident in its social media channels.

Among most infamous crypto hackers

Lazarus Group is known as one of the biggest criminal entities active in crypto, and is believed to be behind major hacks, with at least part of the stolen money allegedly being used to pay for North Korea’s nuclear weapons’ and ballistic missile program. 

Among the best-known is Axie Infinity’s Ronin bridge hack, which the US Treasury Department and FBI has said Lazarus Group was behind.


Credit: Source link

ShareTweetSendPinShare
Previous Post

Binance to Support REI and MobileCoin Network Upgrades

Next Post

Whales are DUMPING Cardano! Will ADA Crash to $0.20?

Next Post
Whales are DUMPING Cardano! Will ADA Crash to $0.20?

Whales are DUMPING Cardano! Will ADA Crash to $0.20?

You might also like

XRP Price Prediction: Garlinghouse Locks In as Ripple Raises the Standard in Las Vegas

XRP Price Prediction: Garlinghouse Locks In as Ripple Raises the Standard in Las Vegas

April 29, 2026
HBAR Price Prediction: Targeting $0.30 by December 2025 as Hedera Tests Critical Breakout Level

HBAR Price Prediction: Coiled Spring at $0.09 – Binary Move Expected Within Days

April 29, 2026
Solana Is Failing to Reclaim $86 as ETF Flows Dry Up: Is the Channel Floor at $77 the Next Stop?

Solana Is Failing to Reclaim $86 as ETF Flows Dry Up: Is the Channel Floor at $77 the Next Stop?

April 29, 2026
Dogecoin Price Prediction: Wall Street Just Let Dogecoin In With Nasdaq Listing – Is $1 DOGE Finally Possible?

Bitcoin Price Prediction: Omega Candle to $1 Million Loading? Analysts Believe

April 29, 2026
IREN Doubles Down on AI Cloud Pivot as Bernstein Cuts Target but Keeps Top Pick Rating

IREN Doubles Down on AI Cloud Pivot as Bernstein Cuts Target but Keeps Top Pick Rating

April 29, 2026
A Dormant Ethereum Whale Just Woke Up After 10 Years and Dumped $23 Million in an Hour: Is $2,300 at Risk?

A Dormant Ethereum Whale Just Woke Up After 10 Years and Dumped $23 Million in an Hour: Is $2,300 at Risk?

April 29, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Dogecoin Whales Return As DOGE Prints Its Third Major Morning Star

Dogecoin Whales Return As DOGE Prints Its Third Major Morning Star

May 1, 2026
Bitcoin Renko Mari-Ashi Reveals Where The Bottom Lies And When The Rise Will Begin Again

Bitcoin Renko Mari-Ashi Reveals Where The Bottom Lies And When The Rise Will Begin Again

May 1, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.