Microsoft takes legal action against infostealer Lumma

Quick Summary:

Related: Beware of ‘cracked’ TradingView — it’s a crypto-stealing trojanLast month, an AMLBot report said that crypto drainers are now being sold as a SaaS product, allowing unsophisticated bad actors to rent the service for as little as $100.A Feb.7 report from blockchain analytics firm Chainalysis said that almost $51 billion worth of crypto was lost in 2024 due to fraudulent activity and that professional crime networks, fraud cartels, nation-state-sponsored hackers and AI-powered scams have taken center stage.

The company said the US Department of Justice seized Lumma’s central command structure and disrupted marketplaces where the tool was sold to other cybercriminals. Microsoft says that Lumma has been sold via underground forums since 2022 and that it has undergone multiple upgrades since its launch.

Lumma is a malware tool that allows malicious actors to steal everything from passwords, credit card information, bank account details, and crypto wallet information.

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Article Details

Author / Journalist: Cointelegraph by Tarang Khaitan

Category: Crypto

Markets: United StatesGeorgiaJapanNorth KoreaMali

Topics: Lumma Crypto Says Billion Sold Websites Malware Worth Tool Center Microsoft

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-22 @ 07:18:58 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28901257

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 54 posts per day

Year Established: 2013

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News Last Updated: 7 hours ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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Publisher ID: #11

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