Hacked cryptocurrency wallet Atomic Wallet has taken action to prevent potential fraud amounting to $2 million by collaborating with leading crypto exchanges.

In response to reports of unauthorized transactions from user wallets, the company joined forces with Chainalysis and Crystal to identify the source of the threat.

The individuals responsible for the fraudulent activity allegedly employed sophisticated techniques such as bridges and mixers to transfer the funds to the Bitcoin blockchain.

Eventually, a significant portion of the funds ended up on the Tron blockchain and Bitcoin network.

Atomic Wallet expressed its gratitude to the exchanges for their swift response and cooperation in containing the incident, mentioning that their prompt action helped mitigate the risk of further financial losses for users.