CoinStats, a popular cryptocurrency-tracking app, has revealed more details about its June security breach, attributing the attack to a sophisticated, possibly nation-state-affiliated group suspected to be the Lazarus Group.
The breach led to the theft of approximately $2.2 million in cryptocurrency from 1,590 CoinStats Wallets. The attackers accessed private keys through multiple unauthorized intrusions across various services.
Experts are tracing the stolen funds, and the incident has been reported to law enforcement.
Following the attack, CoinStats warned users to transfer funds out of affected wallets and has since rebuilt its platform environment entirely, ensuring the new setup’s integrity.
The platform is now fully operational, and while no user data theft has been detected, CoinStats cautions users about potential phishing attacks.
The company has set up a form for victims to identify themselves by August 15 for future support, but specific details on reimbursement remain undisclosed.
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