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News - Blockchain forensics: More than $100 million captured in Atomic Wallet hack
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14-06-20233 min read
Blockchain forensics: More than $100 million captured in Atomic Wallet hack
The damage caused in the hack of the Atomic cryptowallets is apparently greater than thought. Blockchain analysts suspect that the North Korean hacker group Lazarus is behind the attack.
According to blockchain analysts at Elliptic, losses from the hack of cryptowallet provider Atomic exceed US$100 million. An estimated 5,500 wallet veins were victims of the attack. On June 3, Atomic Wallet confirmed reports of compromised crypto wallets in a tweet.
We have received reports of wallets being compromised. We are doing all we can to investigate and analyse the situation. As we have more information, we will share it accordingly.
— Atomic - Crypto Wallet (@AtomicWallet) June 3, 2023
For any questions and concerns, contact support@atomicwallet.io
Three days later, the company announced that it was going to help "as many victims of the recent attack" as possible. To do this, Atomic Wallet has hired on-chain analysts from Chainalysis. They are to "track down the stolen funds and liaise with exchanges and authorities."
Anger due to lack of clarity
Because the company has not provided updates on the situation since then, users are becoming increasingly angry. So far, it is unclear how the hackers were able to compromise the wallets.
Elliptic linked the hack to the infamous North Korean Lazarus group. You can read about what wallets are and how they differ in our blog on wallets.
