Over $35 million in crypto is stolen as a result of Atomic Wallet hacking.

The developers of Atomic Wallet are investigating reports of large-scale theft of

cryptocurrency

from users' wallets, with over $35 million in crypto reportedly stolen.

Atomic Wallet is a mobile and desktop crypto wallet allowing users to store various cryptocurrencies. The wallet is offered for multiple operating systems, including Windows, Android, iOS, macOS, and Linux.

On June 3rd, Atomic Wallet tweeted that they had received reports of compromised wallets and had begun investigating the issue.

“We have received reports of wallets being compromised. We are doing all we can to investigate and analyze the situation. As we have more information, we will share it accordingly,” tweeted Atomic Wallet.

The developers have since taken down their download server, 'get.atomicwallet.io,' likely out of concern that their software was breached and to prevent the spread of further compromises.

A weekend crypto theft

Atomic Wallet users began reporting Saturday morning on Twitter and the developer's Telegram channel that cryptocurrency was stolen from their Atomic Wallet wallets.

Reports of compromised Atomic Wallet installsSource: BleepingComputer/Telegram

Atomic Wallet is now collecting information from victims, asking what operating system they are using, where they downloaded the software, what was done before crypto was stolen, and where the backup phrase was stored.

Email from Atomic Wallet about the compromiseSource: Telegram

Victims are also asked to submit this information, and more, on a Google Docs form that was created to investigate the incident.

While some users report that their crypto was stolen after a recent software update, others report that they have never done an update and their crypto was still stolen.

At this time, it is unclear how the compromise took place, but users are advised to transfer their crypto assets to other wallets while the developers investigate the security incident.

BleepingComputer contacted Atomic Wallet with questions about the attack, but a response was not immediately available.

Largest Victim Reportedly Lost 2.8M USDT

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 to 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.

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