Atomic Wallet Hacked: Biggest Victim Reportedly Lost 2.8M USDT

Non-custodial decentralized crypto wallet Atomic Wallet – with a reported user base of more than five million customers – said some of its users complained of their digital assets being wiped out.

Subsequent reports suggested that several users had six figures of crypto wiped out, while the biggest victim lost around $3 million worth of Tether (USDT).

• The team behind the wallet took it to Twitter yesterday Inform that some users complained of their accounts being compromised. Atomic said that the team will investigate further, but there is no official update till the time of writing these lines.
• The wave of complaints continues under the Atomic Twitter post, with some claim of His money was stolen in the past and the wallet provider did nothing to help him at that time.
• Popular crypto sleuth – ZachXBT – said that he received many messages from Atomic users about their lost funds.
• According to the on-chain investigator, the largest single victim lost 2.8 million worth of Tether (USDT). ZachXBT said he saw “multiple other losses” of six figures in digital assets across various chains.

A few things to note about this hack.

The biggest single haul I’ve seen is 2.8M USDT. Various other losses for 6 figures in various series.

Thanks to all the victims who sent me their transaction hash message. Root cause is still TBD. pic.twitter.com/or2b3eMvIs

— zachxbt (@zachxbt) June 3, 2023

• While some reports claim that DeFi hacks are on the decline as opposed to pulling the rug, there have been several large ones over the past few weeks.
• The latest example was liquidity protocol Jimbos, which saw $7.5 million worth of crypto withdrawals at the end of last week.