From Cointelegraph
May 22, 2025 02:18 am:

Microsoft has taken legal action against the Lumma Stealer malware, blocking thousands of related websites. The US Department of Justice seized Lumma’s central structure, disrupting its marketplace. Europol and Japan’s Cybercrime Control Center also helped dismantle Lumma’s infrastructure, a tool sold on underground forums since 2022.

Lumma is a malware tool that lets hackers steal passwords, credit card info, bank details, and crypto wallets. Microsoft identified over 394,000 infected Windows computers between March and May. Procolored, a Chinese printer manufacturer, distributed Bitcoin-stealing malware through its drivers, resulting in a $953,000 loss in crypto.

Crypto drainers are software designed to steal crypto wallets and are common on phishing sites. A recent report stated that $51 billion worth of crypto was lost in 2024 due to fraudulent activities. The FBI reported that Americans lost around $9.3 billion in 2024 through crypto scams, with the most vulnerable age group being above 60.

North Korean hackers have stolen nearly $3 billion in cryptocurrencies between 2017 and 2023. Paradigm, a crypto firm, highlighted the increasing sophistication of North Korean crypto attacks over the years. Magazine feature: TradFi is developing Ethereum L2s to tokenize trillions in RWAs.

Read more at Cointelegraph: Microsoft takes legal action against infostealer Lumma