North Korea-backed hacking organization Lazarus Group was behind the $41 million hack of online crypto gambling platform Stake.com on Monday, the US Federal Bureau of Investigation (FBI) confirmed in a statement on Wednesday.
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- According to the FBI, the stolen crypto assets from Stake.com’s Ethereum, Binance Smart Chain (BSC) and Polygon networks were moved to 33 different addresses.
- According to the FBI, hackers from the Democratic People’s Republic of Korea (DPRK) have stolen over $200 million in digital currencies this year, including funds withdrawn from crypto platforms Alphapo and CoinsPaid earlier this year.
- US authorities had said that funds stolen by DPRK-backed cyber actors were being used to support North Korea’s weapons programs.
- The Lazarus Group previously used the now-sanctioned Tornado Cash to move illicit funds. But after the sanctions, Lazarus used chain hopping to launder some of the funds stolen from Ronin, according to Chainalysis.
- Meanwhile, the United States, Japan and South Korea agreed on August 18 to set up a trilateral working group to combat North Korean cyberattacks as early as next month, according to South Korean news agency KBS News.
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