North Korea’s Lazarus behind $41 million crypto theft from betting platform: FBI



News North Korea’s Lazarus behind $41 million crypto theft from betting platform: FBI Authorities’ response just two days after heist limits attackers’ options for converting stolen assets, expert says Shreyas Reddy September 8, 2023 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON Illustration of a man's hand at a casino's roulette wheel The FBI attributed a $41 million cryptocurrency heist earlier this week to North Korea’s Lazarus Group, the cybercrime syndicate behind a recent wave of multi-million dollar thefts. The U.S. intelligence agency stated in a press release Wednesday that the group moved funds stolen from online casino and betting platform Stake.com into 33 virtual currency addresses linked to Bitcoin, Ethereum, Binance Smart Chain (BSC) and Polygon networks. The FBI attributed a $41 million cryptocurrency heist earlier this week to North Korea’s Lazarus Group, the cybercrime syndicate behind a recent wave of multi-million dollar thefts. The U.S. intelligence agency stated in a press release Wednesday that the group moved funds stolen from online casino and betting platform Stake.com into 33 virtual currency addresses linked to Bitcoin, Ethereum, Binance Smart Chain (BSC) and Polygon networks. Try unlimited access Only $1 for four weeks Unlimited access to all of NK News: reporting, investigations, analysis Year-one discount if you continue past $1 trial period The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

News

North Korea’s Lazarus behind $41 million crypto theft from betting platform: FBI

Authorities’ response just two days after heist limits attackers’ options for converting stolen assets, expert says

Shreyas Reddy September 8, 2023

North Korea’s Lazarus behind $41 million crypto theft from betting platform: FBI

Illustration of a man's hand at a casino's roulette wheel

The FBI attributed a $41 million cryptocurrency heist earlier this week to North Korea’s Lazarus Group, the cybercrime syndicate behind a recent wave of multi-million dollar thefts.

The U.S. intelligence agency stated in a press release Wednesday that the group moved funds stolen from online casino and betting platform Stake.com into 33 virtual currency addresses linked to Bitcoin, Ethereum, Binance Smart Chain (BSC) and Polygon networks.

Try unlimited access
Only $1 for four weeks

Unlimited access to all of NK News: reporting, investigations, analysis
Year-one discount if you continue past $1 trial period
The NK News Daily Update, an email newsletter to keep you in the loop
Searchable archive of all content, photo galleries, special columns
Contact NK News reporters with tips or requests for reporting

Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.

Subscribe now

All major cards accepted. No commitments – you can cancel any time.

North Korea’s Lazarus behind $41 million crypto theft from betting platform: FBI

Try unlimited accessOnly $1 for four weeks

Start your day with the North Korea stories that matter most –

as selected by <img width="226" height="50" class="logo" src="https://www.nknews.org/wp-content/themes/nknews/images/header-logo.png" alt="NK News Logo">

One more step!

Trending

Recent Stories

About the Author

Shreyas Reddy

Try unlimited access
Only $1 for four weeks

Start your day with
the North Korea stories that matter most –

as selected by