North Korea-Linked Atomic Wallet Heist Tops $100 Million
Contents
Elliptic’s analysis shows that the reported losses suffered by Atomic Wallet users has now risen to more than $100 million. We are tracking well over 5,500 crypto wallets believed to have been compromised in the attack.
There has still been no explanation from Atomic Wallet regarding the root cause of the losses.
In a June 3rd tweet, the service acknowledged reports of compromised wallets, before confirming that “less than 1%” of users had been impacted.
Elliptic has attributed this incident to North Korea’s Lazarus Group, which is believed to have stolen over $2 billion in cryptoassets across multiple thefts. This would mark the first major crypto theft publicly attributed to Lazarus Group since the $100 million exploit of Horizon Bridge in June 2022.
Since the theft took place, Elliptic has been working to retrieve the stolen assets. Our team has partnered with several investigators and exchanges around the world to trace and freeze the …
There has still been no explanation from Atomic Wallet regarding the root cause of the losses.
In a June 3rd tweet, the service acknowledged reports of compromised wallets, before confirming that “less than 1%” of users had been impacted.
Elliptic has attributed this incident to North Korea’s Lazarus Group, which is believed to have stolen over $2 billion in cryptoassets across multiple thefts. This would mark the first major crypto theft publicly attributed to Lazarus Group since the $100 million exploit of Horizon Bridge in June 2022.
Since the theft took place, Elliptic has been working to retrieve the stolen assets. Our team has partnered with several investigators and exchanges around the world to trace and freeze the …