Data Privacy
Jun. 5, 2025
Atomic Wallet users say life savings lost in bitcoin hack
Atomic Wallet faces a putative class action after a $100M cryptocurrency theft by North Korea's Lazarus Group, with plaintiffs alleging negligence despite known security flaws from a 2021 audit.
Atomic Wallet, with more than 10 million cryptocurrency users, was hit with a putative class action Wednesday by plaintiffs claiming their life savings in bitcoin were among the $100 million stolen in June 2023 by a notorious North Korean hacking group.
The complaint, filed in federal court in San Francisco, accuses Atomic Wallet of negligence and fraudulent misrepresentation. The plaintiffs claim the company became aware of security flaws during a 2021 internal audit but failed ...
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