CryptoNews: Additionally, wallets connected to the Atomic Wallet hack have been connected to wallets connected to previous hacks by the Lazarus Group.👀
According to Elliptic, a blockchain compliance analytics firm, some of the stolen funds have been converted toand sent to a crypto mixer called Sinbad.io. This mixer is known to be used by the Lazarus Group, a notorious hacking group linked to North Korea. Additionally, wallets connected to the Atomic Wallet hack have been connected to wallets connected to previous hacks by the Lazarus Group.
Elliptic's Investigations Team reported that Sinbad.io is likely a rebranded version of Blender.io, another mixer that was sanctioned by the U.S. Treasury Department for laundering over $100 million in crypto assets stolen by the Lazarus Group. Crypto mixers are services that obscure the origin and destination of cryptocurrency transactions by randomly mixing them with other transfers.
Atomic Wallet acknowledged the hack on June 3 and claimed that it affected less than 1% of its monthly active users. It also advised its users to report the illicit transfers to the most popular crypto exchanges, which could prevent the hackers from exchanging their funds. However, Elliptic's findings suggest that it may be too late for many victims, as their funds are already being mixed and laundered through Sinbad.io.I've been writing about Bitcoin since 2014.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Atomic Wallet hacker sends crypto to mixer used by Lazarus Group: EllipticIll-gotten funds from the massive $35 million Atomic Wallet hack are being funneled to crypto mixer Sinbad, according to analytics firm Elliptic.
Read more »
Atomic Wallet Was Breached by North Korean Hackers: EllipticAtomic Wallet may have been breached by hackers tied to the North Korean Lazarus Group, research firm Elliptic said in a blog post. baydakova reports
Read more »
Atomic Wallet Hack: Team Claims No Assets Have Been Lost in More Than 40 Hours – Security Bitcoin NewsThe Atomic Wallet team claimed on June 4 that the last confirmed drain of user assets had occurred more than 40 hours earlier. phishing hacking
Read more »
US sanctions 7 members of Russia-linked group over alleged Moldova 'destabilization operations': BlinkenThe United States is sanctioning seven members of a Russian intelligence-linked group over alleged attempted 'manufactured insurrection' against Moldova.
Read more »
Civil Rights Group: DOJ Must Probe Arrest of Anti-Cop City Bail Fund OrganizersA civil rights group called for a federal investigation into the arrest of three organizers of a bail fund that helps protesters fight against a proposed police training center.
Read more »
Prince Harry Travels to London for His Mirror Group Case, but Misses Court on MondayPrince Harry is expected to become the first senior royal to testify in court in more than a century, but when the high-profile trial continued on Monday morning, the prince wasn’t in the courtroom.
Read more »