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Atomic Wallet Hacked: Largest Victim Reportedly Lost 2.8M USDT

Jordan Lyanchev Jun 4, 2023 10:45
Some users blamed the wallet provider that they had funds stolen from their accounts in the past as well.

The non-custodial decentralized crypto wallet Atomic Wallet – with a reported user base of over five million customers – said some of its users complained about having their digital assets drained.

Later reports suggested that numerous users had six figures worth of crypto wiped out, while the largest victim lost nearly $3 million worth of Tether (USDT).

  • The team behind the wallet took it to Twitter yesterday to inform that some users complained about having their accounts compromised. Atomic said the team will go into further investigations, but there have been no official updates as of writing these lines.
  • The waves of complaints under the Atomic Twitter post continue, with some claiming that they had their funds stolen in the past and that the wallet provider did nothing to help them at the time.
  • Popular crypto sleuth – ZachXBT – said he received numerous messages from Atomic users regarding their lost funds.
  • According to the on-chain investigator, the largest single victim lost 2.8 million worth of Tether (USDT). ZachXBT added that they observed “multiple other losses” worth six figures in digital assets across different chains.

  • Although some reports claim that DeFi hacks are on the decline in contrast to rug pulls, there have been several larger ones in the past few weeks.
  • The latest example was the liquidity protocol Jimbos, which had $7.5 million worth of crypto drained last weekend.
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Jordan Lyanchev

Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain. Contact Jordan: LinkedIn

Tags: Hacking