Damage from Atomic Wallet hack exceeded $100 million


The reported losses of users of the non-custodial wallet Atomic Wallet exceeded $100 million, Elliptic analysts reported.

The company monitors more than 5,500 cryptocurrency wallets that are believed to have been compromised in the attack.

The measures taken by Elliptic made it possible to freeze assets worth more than $1 million. Analysts continue to search for stolen funds.

The experts also added information about the cryptocurrency wallets used by the US-sanctioned Russian exchange Garantex to their blockchain analytics tool. Through it, hackers laundered part of the Atomic Wallet funds.

“This allows our customers to avoid transactions with this object,” Elliptic added.

As a reminder, since June 2, several user accounts of the non-custodial wallet Atomic Wallet have been compromised, which, according to preliminary estimates, led to the loss of digital assets in the amount of up to $35 million.

Subsequently, the stolen funds passed through the Sinbad.io mixer and the Russian bitcoin exchange Garantex, which is under US sanctions.

On June 13, the administration of the non-custodial wallet Atomic Wallet was sent summons for questioning from law enforcement agencies of Kazakhstan. In addition, they requested server logs – an activity log that records all user actions on the site.

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