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FBI Reveals Lazarus Group Behind  $41 Million Stake.com Hack

FBI investigations have identified 33 crypto addresses linked to lazarus group that are currently storing stolen funds .

Written By Jahnu Jagtap Jahnu Jagtap
Published September 8, 2023 7:16 AM·Updated 2 years ago
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FBI Reveals Lazarus Group Behind  $41 Million Stake.com Hack

The $41 million hack of crypto gambling site Stake.com was carried out by the North Korean Lazarus Group, as per the statement released on Thursday by the Federal Bureau of investigation (FBI).

According to the FBI’s investigation, DPRK cyber actors transferred stolen money from Stake.com into the following virtual currency addresses related to the Polygon, Binance Smart Chain (BSC), and Ethereum networks: 

FBI investigations have identified 33 crypto addresses that received the stolen funds, as noted above.In this list, there are four Ethereum addresses, five Binance Smart Chain addresses, two polygon addresses, and twenty-two Bitcoin addresses. 

Also Read: Crypto Gambling Platform Stake Loses $41M In Hack

Lazarus Group, also known as APT38, is composed of Democratic People’s Republic of Korea (DPRK) cyber actors and is responsible for several other high-profile international virtual currency heists.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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