Atomic crypto wallet team admits wallet was exploited

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The Atomic Wallet team confirmed that 1% of active Atomic Wallet users faced the fund loss issue, following a past hack attack.

Atomic Wallet is a popular non-custodial crypto wallet. This wallet allows people to hold crypto assets under self-custody and also allows them to trade crypto assets across several crypto networks easily.

On 3 June 2023, Several people reported that their funds had disappeared from their wallets. On behalf of huge numbers of reports, The Atomic Wallet team started investigations. 

https://twitter.com/AtomicWallet/status/1664946301815910400?t=6bQHiTfavLe_HOiNbPQvkA&s=19

Today the Atomic Wallet team confirmed that nearly 1% of monthly active Atomic Wallets were impacted, as per the current investigation. 

“At the moment less than 1% of our monthly active users have been affected/reported. The last drained transaction was confirmed over 40h ago, “the Atomic Wallet team said.

Crypto wallet firm also invited other crypto investigators & crypto exchanges to trace & block the crypto transactions, to save the victims. 

Popular crypto detective ZachXBT reported that some bad actors are trying to take advantage of this situation. He noted that a Twitter account is intended to be the official Atomic wallet & inviting people to claim refunds. 

Indeed that is another trap to defraud the Atomic wallet users. 

https://twitter.com/AtomicWallet/status/1665552110367256577?t=UaGUwf_Hi79bxywRyxeykw&s=19

ZachXBT also confirmed that he helped a victim to recover nearly $1 million worth of crypto assets. He said that his fund recovery method is unique & he will not disclose it until the situation gets back to normal.

Read also: Bloomberg faces criticism over paid promotion of scam crypto project “BlockGPT”

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