Thursday, November 14, 2024
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Atomic Wallet asks to toss suit over $100M hack, saying it has ‘no US ties’

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The corporate behind Atomic Pockets has requested a United States court docket to dismiss a category motion go well with searching for damages from a $100-million hack, arguing the claims ought to’ve been filed in Estonia, the place it’s based mostly.

In a Nov. 16 dismissal movement in a Colorado District Court docket, the Estonian agency argued it has “no U.S. ties,” and its end-user license settlement required all litigation in opposition to it’s filed in its residence nation of Estonia.

Atomic identified that just one person in Colorado was allegedly affected.

The agency additionally claimed the 5,500 allegedly affected Atomic customers agreed to its phrases of service, which expressly disclaims legal responsibility for losses resulting from theft and limits damages to $50 per person.

Atomic’s movement to dismiss the category motion laid in opposition to them. Supply: PACER

Atomic mentioned the plaintiff’s negligence claims additionally lack authorized benefit as a result of a authorized responsibility was by no means created by which they had been to take care of Atomic Pockets’s safety and shield in opposition to hacking.

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“This Court docket has repeatedly rejected related claims as a result of Colorado acknowledges no such responsibility,” it wrote.

Allegations of fraudulent misrepresentation had been additionally struck down by the Estonian-based pockets supplier.

The plaintiffs launched the class action in August, two months after a $100-million exploit on Atomic Wallet took place with as much as 5,500 customers affected — with each North Korean and Ukrainian teams blamed for the assault.

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