• bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Microsoft legal action

Microsoft legal action targets malware networks in major cybersecurity crackdown

Adnan Al-Jaziri

Microsoft legal action has escalated as the tech giant disrupts a massive malware operation known as Lumma Stealer.

The company recently announced it had secured a federal court order in Georgia, authorizing action against nearly 2,300 websites linked to the malware. These sites formed a core part of Lumma’s infrastructure, enabling data theft from unsuspecting users. Microsoft collaborated with law enforcement and cybercrime units globally to dismantle the malware’s network and block its future operations.

The US Department of Justice worked alongside Microsoft’s digital crimes unit to dismantle Lumma’s command center. The operation also targeted underground forums where Lumma was being sold to cybercriminals. Since emerging in 2022, Lumma has undergone constant evolution, making it a persistent threat.

Microsoft reported that between March and May 2024, over 394,000 Windows devices had been infected. The malware harvested sensitive data, including login credentials, crypto wallet access, and financial information.

Malware takedown hits crypto theft ecosystem

Europol and Japan’s Cybercrime Control Center also played key roles in disabling locally hosted Lumma assets. Their cooperation highlights the increasing international effort required to fight malware and protect users.

Lumma Stealer wasn’t just targeting random passwords—it had a serious focus on crypto wallets. This made it especially dangerous in the booming Web3 and decentralized finance ecosystems. Crypto users have become a primary target, and tools like Lumma are designed to exploit weaknesses across both individuals and organizations.

Meanwhile, crypto drainers—malware engineered to extract crypto from wallets—have emerged as a widespread threat. These drainers are now offered as Software-as-a-Service (SaaS), enabling even low-level criminals to deploy them for as little as $100.

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Microsoft legal action highlights the rising danger of crypto-targeting malware

This latest Microsoft legal action fits into a broader context of increasing crypto-related cybercrime. A report by Chainalysis estimates that nearly $51 billion in crypto was stolen in 2024 alone through various fraudulent schemes.

Other malware threats also continue to surface. Chinese printer company Procolored was recently linked to Bitcoin-stealing software embedded in driver downloads. Victims lost close to $953,000 in that incident.

According to the FBI, Americans lost $9.3 billion through crypto fraud last year, with older users—those over 60—being particularly vulnerable. Professional hacking networks and even state-backed cybercrime groups have turned their attention to the digital asset space.

North Korean hackers alone have siphoned nearly $3 billion in crypto since 2017, often using advanced and evolving tactics. This trend signals that global cybersecurity must keep pace with the fast-growing and high-risk world of crypto.

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What is Lumma Stealer and why is Microsoft targeting it?

Lumma Stealer is a piece of malware used to steal personal and financial information, including crypto wallet data. It has been active since 2022 and is known for evolving quickly to bypass security measures. Microsoft’s legal action, backed by a U.S. federal court, aims to dismantle the infrastructure supporting Lumma, including 2,300 websites. This move is part of a larger cybersecurity initiative to block malware at the source before it can reach and infect more users.

How does Lumma Stealer affect crypto users specifically?

Lumma is designed to extract login credentials, credit card data, and crypto wallet information. This makes it particularly dangerous for crypto users, as stolen wallet credentials can lead to irreversible asset loss. It often spreads through phishing sites, fake airdrops, or malicious browser extensions. As part of its crackdown, Microsoft worked with law enforcement to cut off Lumma’s communication with infected devices, thereby protecting thousands of wallets.

What other malware threats are currently targeting the crypto space?

In addition to Lumma, crypto drainers are another serious threat. These tools are sold online as ready-to-use kits and can steal digital assets through seemingly legitimate means. A recent case involved a Chinese company unintentionally distributing Bitcoin-draining malware through driver software, costing users over $950,000. The rise of such threats points to the growing complexity and frequency of cyberattacks in the crypto world.

Why is Microsoft’s legal action important for cybersecurity?

Microsoft’s action sets a legal and technical precedent for tackling cybercrime at scale. It not only disrupted a single malware campaign but also coordinated global law enforcement and cybersecurity entities to prevent further infections. This level of international cooperation shows that tackling modern cyber threats, especially those targeting decentralized systems like crypto, requires collective effort. It also encourages other tech giants to invest more in proactive cybercrime prevention strategies.

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