Atomic Wallet Sued Over Losses of $100M in Cryptocurrency Hack!

The post Atomic Wallet Sued Over Losses of $100M in Cryptocurrency Hack! appeared first on Coinpedia Fintech News

A class action lawsuit has been launched against noncustodial cryptocurrency wallet Atomic Wallet after it suffered a $100 million breach in June. Dozens of high-net-worth investors from Russia and the Commonwealth of Independent States are part of the lawsuit seeking restitution for their losses. The class action is being coordinated by German lawyer Max Gutbrod and Boris Feldman, a co-founder of Moscow legal tech firm Destra Legal, with around 50 clients being represented. Atomic Wallet did not provide any information about the hack or report it to the police, according to Gutbrod.