Atomic Wallet Loses $35M Due to Security Breach

Atomic Wallet users suffer losses as security teams investigate a major attack, resulting in at least $35 million worth of crypto assets stolen.

The largest victim lost $7.95 million in Tether, with total losses potentially surpassing $50 million.

Atomic Wallet claims to have over 5 million users and provides limited information about the breach as victims express frustration.

Investigation Underway as Over $35 Million in Crypto Assets Stolen

Security teams are probing a major attack on Atomic Wallet, resulting in losses of tokens, erased transaction data, and entire crypto portfolios stolen. An independent investigation reveals that at least $35 million worth of crypto assets has been stolen from Atomic Wallet users since June 2.

Millions in Crypto Assets Stolen from Atomic Wallet Users

The largest victim lost $7.95 million in Tether, with victims expressing concerns that the total stolen funds could surpass $50 million. Users report losses of nearly $1 million in various cryptocurrencies, including Bitcoin, Dogecoin, Litecoin, Ether, USDT, USDC, BNB, and Matic.

Update: The investigation is still ongoing in a joint effort with the leading security companies. The team is working on possible attack vectors. Nothing yet confirmed. Support team is collecting victim addresses. Reached out to major exchanges and blockchain analytics companies… — Atomic - Crypto Wallet (@AtomicWallet) June 4, 2023

Users Frustrated as Atomic Wallet Offers Limited Information

Atomic Wallet, a noncustodial-decentralized wallet with over 5 million users worldwide, provides limited information to victims about the security breach. The support team is collecting victim addresses and reaching out to exchanges and blockchain analytics companies for assistance as the investigation continues.