Miscreants pick the crypto pockets of Atomic Wallet users

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Miscreants pick the crypto pockets of Atomic Wallet users
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Crypto catastrophe strikes some Atomic Wallet users, over $35M thought stolen

As much as $35 million worth of cryptocurrency may have been stolen in a large-scale attack on Atomic Wallet users, with one investigator claiming losses could potentially exceed $50 million.

"Security investigation is ongoing. We report victim addresses to major exchanges and [use] blockchain analytics to trace and block the stolen funds," the company wrote, adding that the"last drained transaction was confirmed over 40h ago."over the weekend that the losses traced have added up to more than $35 million, with the largest victim having $7.95 million swiped. The five largest losses seen by ZachXBT added up to $17 million, almost half of the known total.

"Your funds are not located in the wallet itself, [they] are safely stored on the blockchain," Atomic Wallet says on its

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