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This exploit resulted in the loss of millions of dollars in cryptocurrency. The lawsuit alleged that Atomic Wallet had failed to adequately protect its users’ funds and had breached its fiduciary duty to them. The plaintiffs sought damages for the losses they suffered. The judge’s decision hinges on the suit’s failure to establish a clear connection between the Estonian-based firm and the alleged harm. The plaintiffs argued that the firm’s headquarters in Estonia was the source of the exploit, and that the firm’s negligence in protecting its users’ funds was the cause of the losses.

* The case involves 21 plaintiffs who allege that Atomic Wallet, a cryptocurrency wallet, has been used to facilitate money laundering and other illegal activities. * The plaintiffs are seeking damages and an injunction to prevent further illegal activities. * The case is currently being heard in a Colorado state court. * Judge Brimmer, presiding over the case, has ruled that the Colorado court lacks jurisdiction over Atomic Wallet and other defendants.

Atomic Wallet is a popular choice for users who want to manage their crypto assets without relying on centralized exchanges. The lawsuit alleges that Atomic Wallet was used to facilitate the laundering of funds from the Ronin Bridge exploit. The Ronin Bridge exploit was a significant security breach that occurred in March 2022, resulting in the theft of $625 million worth of cryptocurrency. The lawsuit claims that Atomic Wallet was used to launder the stolen funds, and that the company failed to take adequate steps to prevent this. The plaintiffs are seeking to convince the court to dismiss the charges against Brusov, arguing that he is not responsible for the actions of the company.