Estonian crypto wallet Atomic asks US court to dismiss $100M hack lawsuit
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Atomic Wallet, based in Estonia, asks US court to dismiss $100M hack lawsuit, saying it has no ties to US and suit should have been filed in Estonia.
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Only 1 of 5,500 allegedly affected users is from Colorado where suit was filed. Users agreed to terms limiting damages and requiring suits be filed in Estonia.
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Atomic claims no legal duty to maintain security or prevent hacking under Colorado law.
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Atomic rejects fraud allegations, saying it made no misrepresentations.
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$100M hack of Atomic Wallet affected up to 5,500 users in June 2022, blamed on North Korean and Ukrainian groups.