A famous North Korean hacker group recently stole around $41 million in cryptocurrencies. They pulled off this daring heist by targeting an online casino and betting website, showing how skilled they are at cybercrime.
The FBI has been keeping a close eye on this group and is now warning everyone about the large-scale illegal activities they are involved in.
Crypto Hack Results in Over $200 Million in Losses
The FBI says this hacking group has stolen more than $200 million this year alone. This pattern of stealing money shows how North Korean hackers are still a big threat in the world of online security. They can steal a lot of money without getting caught easily. This is a clear sign that we need better online security and countries working together to stop these criminals.
On September 4, Stake.com had to stop working for a while because someone took money from its digital wallets without permission. This affected Ethereum, Polygon, and the Binance Smart Chain.
The problem only affected those wallets, and everything else was fine. Stake.com started working normally again after five hours. The FBI found out that $41.3 million was stolen, and they say the Lazarus Group did it.
When Insider asked Stake.com about it, they didn’t respond. But one of the people who started the online casino, Edward Craven, called it a “sophisticated breach” in an interview with DL News.
Responsible: North Korea and the Lazarus Group
The FBI has said that the Lazarus Group from North Korea, which the US Department of Treasury’s Office of Foreign Assets Control had already punished in 2019, is behind many other big cryptocurrency thefts around the world.
Stake is a big cryptocurrency casino that’s in Curaçao. They let people bet with popular cryptocurrencies like Bitcoin and Ethereum, and they also have a sportsbook with more than 40 different sports to bet on.
Stake.com started in 2017 and now has more than 500,000 users from all over the world. They operate in several countries, including Canada, Brazil, Japan, and the United Kingdom.
The FBI says they will keep fighting against North Korea’s illegal activities to make money for the government. This includes cybercrimes and stealing virtual currency.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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