Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers.
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers.
Jeffrey Huang withdrew the lawsuit after ZachXBT edited his article that Huang claimed to be defamatory.
The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack.
The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack.
ZachXBT estimates that the legal fees could “easily exceed” $1 million and alleged that MachiBigBrother is “using his money to try” and silence him.
Plaintiff Jeffrey Huang claims his reputation was damaged when ZachXBT allegedly falsely accused him of embezzlement.
The group of scammers have recently taken over accounts belonging to the founder of Pudgy Penguins, the CTO of OpenAI and even crypto hater Peter Schiff.
According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone.
The seized property included a Bored Ape Yacht Club and Doodles NFT, 85.6 Ether and a flashy Audemars Piguet watch which ultimately helped ZachXBT identify the alleged scammer.
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking…