Atomic crypto wallet team admits wallet was exploited

Hundred Finance protocols

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.

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.

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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