Hacked cryptocurrency wallet Atomic Wallet has frozen $2 million in “suspicious deposits” along with major cryptocurrency exchanges.
Atomic Wallet announced the news to Cointelegraph on October 19, stating that blockchain intelligence firms Chainaanalysis and Crystal had assisted the wallet company in identifying and containing the threat.
Atomic Wallet cited reports from Chainaanalysis and Crystal that “threat actors” use sophisticated methods to connect funds to the Bitcoin blockchain, including bridges and mixers. “Most of the funds ended up on the Tron blockchain and Bitcoin network,” the report reads.
The report specifically mentioned that the funds were connected through the Avalanche bridge and then reached the Tron blockchain.
“Atomic Wallet would like to express its sincere gratitude to the centralized cryptocurrency exchanges for their prompt cooperation in freezing the assets associated with the reported transactions. Their prompt response and cooperation were critical in mitigating the impact of the incidents that occurred to certain users,” the company said in the announcement expressed in.
Atomic Wallet did not immediately respond to Cointelegraph’s request to share more details about the issue.
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The news comes just months after Atomic Wallet suffered a major hack in June 2023, which reportedly cost the platform millions in stolen crypto assets. Atomic Wallet did not clarify what conditions caused the vulnerability.
In August, a group of affected Atomic Wallet users reportedly launched a class-action lawsuit against the company, which suffered a major breach and lost $100 million.
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