Atomic Wallet Hack Worked by Professional Hackers, Funds Transferred to Exchanges Blocked

Atomic CEO Konstantin Gladych said the team is now collecting data from affected users and passing it to the blockchain analysis firms like Chainalysis, Crystal and Elliptic, he said, adding that part of the funds landed on exchanges and has been blocked. “The attack was definitely organized by a team of professional hackers. They're using scripts, splitting of the funds, mixers, etc.,” Gladych said.

The team behind Atomic Wallet announced last week that some users had been compromised and lost funds from their wallets. $35 million worth of cryptocurrency assets has been stolen from Atomic Wallet users since June 2, according to an analysis conducted by on-chain investigator ZachXBT. The five largest losses account for $17 million.

Atomic Wallet users might have fallen victim to Lazarus, the North Korean hacking group, said blockchain intelligence firm Elliptic. The stolen crypto has been funneled to a mixer called Sindbad.io. This mixer, which Elliptic believes is a successor of the previously sanctioned mixer Blender.io, has been often used to launder money from other hacks attributed to Lazarus, and the usage pattern is the same, Elliptic said.

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