The Federal Bureau of Investigation has pinpointed the Lazarus Group as the perpetrators of the assault on Stake.com earlier this week.
Stake.com halted operations on September 4th following unauthorized transfers from several of its digital wallets.
The incident impacted Ethereum, Polygon, and Binance Smart Chain (BSC) on Stake.com. Stake.com stated that all other digital wallets were untouched and operations resumed five hours after the issue was detected.
Reports at the time asserted that the operator was robbed of $41.3 million (£33.1 million/€38.6 million). Now, the FBI has validated that figure and accused the Lazarus Group of the robbery.
The Lazarus Group, also known as APT38, is connected to the Democratic People’s Republic of Korea (DPRK).
According to the FBI, the cybercriminals shifted the funds stolen from Stake.com to numerous cryptocurrency addresses.
The FBI emphasized the Lazarus Group’s involvement in other attacks.
The FBI also added that the group is responsible for other prominent international cryptocurrency heists. The group is believed to have stolen over $200 million, including cryptocurrency, so far this year.
The Federal Bureau of Investigation is taking a tough stance against North Korea’s dubious activities, encompassing cybercrime and cryptocurrency theft, to finance their government. They are encouraging anyone with knowledge to step forward.
Stake.com, a well-known online gambling platform with a global user base exceeding half a million, has been operational since 2017. It is accessible in nations such as Canada, Brazil, Japan, and the United Kingdom.
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