Atomic Wallet hackers turn to OFAC-sanctioned Garantex: Elliptic
Stolen loot crypto from Atomic wallets has started passing through sanctioned Russian-based exchange Garantex, according to Elliptic. Illicit funds gained from the $35 million Atomic Wallet hack are on the move again, with sanctioned Russian-based crypto exchange Garantex reportedly becoming the latest to come in contact with the hacked crypto. On June 13, blockchain security and compliance firm Elliptic updated the situation regarding the stolen Atomic Wallet funds. It alleges that the North Korean hacking collective, the Lazarus Group — which is believes is behind the attack — has used sanctioned Russian-based crypto exchange Garantex to launder the loot. In a Twitter post, the firm said there had been a significant and successful cross-community effort between Elliptic and many exchange partners to freeze the stolen crypto. However, Lazarus has now found other means to trade their assets for Bitcoin (BTC). After a significant and successful cross-community effort between @ellip