The FBI has seized $1.7 million worth of cryptocurrencies, including significant amounts of Ether and stablecoins, from March to July of this year, primarily from hardware wallets and Binance accounts.
An unknown Bitcoin wallet has rapidly accumulated over $3 billion worth of Bitcoin, becoming the third-largest BTC address in the world and sparking speculation about its identity and purpose.
North Korean hackers, including the Lazarus Group and APT38, are believed to be planning to cash out stolen bitcoin worth over $40 million, according to the FBI.
Two significant Bitcoin transfers have sparked speculation within the crypto community, as they coincide with the recent FBI warning about funds associated with North Korean hacker groups, Lazarus Group and APT38, being on the move, raising concerns of a potential sell-off and decline in Bitcoin's value.
The Drug Enforcement Agency (DEA) lost over $55,000 in seized cryptocurrency to a common scam after falling victim to a crypto address spoofing attack. The scammer was able to trick the DEA by airdropping a fake address that resembled the real one used by the United States Marshals Service, resulting in the agency mistakenly sending the funds to the scammer's account. The scammer then converted the funds into ether and moved them to a new wallet, with over $425,000 received since June, and over $300,000 of that amount being moved in the last three weeks. The FBI is leading the investigation into the theft.
A scammer tricked the DEA into sending them $55,000 worth of crypto by creating a look-alike wallet address and receiving funds intended for the U.S. Marshals Service.
A hacker group, suspected to be Lazarus with ties to the North Korean government, stole $37.3 million in cryptocurrency from Estonia's CoinsPaid after tricking an engineer with a fake job offer.
The FBI has determined that the $41 million hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group, who have stolen over $200 million in cryptocurrency this year.
Hackers behind the $41 million hack of cryptocurrency casino Stake have moved an additional $328,000 million worth of Polygon and BNB tokens to the Avalanche blockchain, bringing the total transferred funds to $4.8 million, representing 1.2% of the total stolen amount.
Notorious North Korean hacking group Lazarus, which has been increasingly active, is responsible for five major crypto hacks in the past three months, including the recent $54 million hack of global cryptocurrency exchange CoinEx, bringing their total theft to almost $240 million in just 104 days, according to a report by blockchain surveillance firm Elliptic.
