Atomic Wallet wins dismissal of class suit over $100M hack
A US judge found a Colorado court lacked jurisdiction over the Estonian-based Atomic Wallet, its CEO and a sister software development firm.
A United States federal judge has tossed a class-action lawsuit against Atomic Wallet after it failed to show the court it had jurisdiction over the Estonian crypto firm.
In a Sept. 10 order, Colorado district court judge Philip Brimmer dismissed claims against Atomic Wallet, its CEO Konstantin Gladyshev, shareholder Pavel Sokolov and Evercode Infinite — the software development firm behind Atomic Wallet.
A group of users who had custodied cryptocurrencies through Atomic Wallet filed the lawsuit in August 2023 after the wallet provider fell victim to a $100 million hack two months earlier.
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Author: Brayden Lindrea
