- Total loss of nearly $100 million, but previously it was reported as $35 million
- Part of the funds were frozen due to the efforts of Elliptic
- Hackers are now using the Garantex platform to launder some of the stolen money
Each June 13, Elliptic analysts reported that the estimated damages of the Atomic Wallet hack exceeded $100 million.. The agency believes Lazarus Group, which uses the Garantex platform to “launder” some of the stolen funds, is behind it.
Atomic Wallet is a non-custodial wallet. The service was hacked in early June. At the time, the likely loss was $35 million, and the project administration said the number of accounts affected was minimal.
Two days later, it was reported that funds were being withdrawn through a mixer. That’s when Elliptic first reported the involvement of the North Korean hacker group Lazarus Group.
Yesterday, June 13, the agency updated its investigation into the hacking.. It is believed here that it affected 5.5 thousand wallets. If confirmed, the Atomic Wallet hack would be the group’s first major attack since Horizon Bridge in June 2022.. The service administration has not yet commented on the situation.</nbsp;
Also in Elliptic said they contributed to the freezing of assets worth about $ 1 million stolen earlier from the wallets of users of the service. In response, hackers allegedly transferred some funds to the Garantex platform.
This is a Russian exchange often used by criminals for mutual settlements and money laundering obtained illegally.. It came under U.S. Treasury Department sanctions as recently as last year.