Hackers behind $41 mln Stake exploit make moves

Published 12-09-2023, 05:30 pm
Updated 12-09-2023, 05:45 pm
© Reuters.  Hackers behind $41 mln Stake exploit make moves

  • The hackers behind the Stake exploit have moved stolen funds worth $4.8 million thus far.
  • The FBI had linked the exploit to the notorious North Korea-backed Lazarus Group.
In a significant development, the hackers who carried out the $41 million exploit on crypto betting platform Stake recently moved tokens worth $328,000.

Notably, blockchain security firm CertiK confirmed that the hackers transferred Binance Coin [BNB] and Polygon [MATIC] tokens worth $328,000 to an external wallet on 11 September. The tokens were then bridged to the Avalanche [AVAX] blockchain.

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