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Stake hack of $41M was performed by North Korean group: FBI

Published 09/07/2023, 03:30 PM
Updated 09/07/2023, 05:00 PM

The $41 million hack of crypto gambling site Stake was carried out by the North Korean Lazarus Group, the Federal Bureau of Investigation (FBI) stated in an announcement on Sept. 7. This group has stolen more than $200 million of crypto in 2023, the announcement stated.

Stake is a crypto gambling platform that offers casino games and sports betting. It was the victim of a cyberattack on Sept. 4 that drained over $41 million worth of cryptocurrency from its hot wallets. The Stake team stated that the hacker only obtained a small percentage of funds and that users would not be affected.

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