The Aftermath of Atomic Wallet’s Cyber Breach: Tracing Stolen Crypto to Mixer

Regrettably, bitcoin mixer these measures might prove insufficient for a lot of victims in gentle of the most recent findings by Elliptic. The Atomic Wallet staff is dedicated to recovering the misplaced funds. This proactive step could probably halt the culprits from converting their stolen funds. The latter platform, known for being extensively used by the Lazarus Group to launder stolen funds, holds the dubious distinction of being the primary mixer to fall below the sanctions of the U.S. Elliptic’s investigation uncovered that the crypto mixer had allegedly been employed beforehand to obscure over $100 million price of stolen cryptocurrency property linked to the Lazarus Group. Digital currency monitoring service Elliptic said ChipMixer had been used to launder over $844 million in Bitcoin that it tied on to illicit activity – including a minimum of $666 million from cryptocurrency thefts. The estimated loss stands at a staggering $35 million.

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