DraftKings Tumbles on Report of Unauthorized Money Withdrawals

(Bloomberg) — DraftKings Inc. tumbled on Monday after some customers reported that their accounts were compromised and money was withdrawn.

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The company believes customers’ login information was compromised on other websites then used to access their DraftKings accounts, DraftKings co-founder Paul Liberman said in a statement.

DraftKings had seen no evidence that its systems were breached to obtain the information, according to Liberman, who is president of global…

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