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New York CNN —North Korean hackers were likely behind the theft of at least $35 million from a popular cryptocurrency service, multiple crypto-tracking experts told CNN Tuesday. The hackers drained the cryptocurrency accounts of certain customers of Atomic Wallet, an Estonia-based company that claims 5 million users of its software. An independent cryptocurrency tracker known as ZachXBT told CNN that North Korean hackers were very likely responsible. The amount confirmed stolen could rise above $35 million as Atomic Wallet continues to investigate the incident, the analyst said. Thwarting North Korean hacking and money laundering has quickly become a national security priority for the Biden administration.
Persons: ZachXBT, ” ZachXBT, Biden Organizations: New, New York CNN, North, CNN, Korean, Twitter, United Nations, telltale, FBI, cyberattacks, White Locations: New York, Pyongyang, Estonia, London, California, North Korea
Together, these revenue streams mean cryptocurrency influencers profit off their viewers no matter which way the market turns. Of course, crypto YouTube is a far cry from the regulated world of traditional finance. Armstrong told the Post that he made "maybe close to a million" from before dropping sponsored content in January 2022. A price list leaked by ZachXBT appears to show that dozens of small crypto influencers also have menus for similar undisclosed deals. But with little regulatory oversight, crypto influencers show little sign of slowing down — despite the precipitous decline of the crypto market.
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