CoinStats Temporarily Shuts Down After 1,590 Wallets Drained - Unchained

CoinStats, a crypto portfolio tracker, said a security incident drained funds from 1,590 wallets and temporarily shut down its platform to isolate the attack. CEO Narek Gevorgyan estimates that about $2 million was drained, with most of the stolen funds reportedly belonging to two wallets that had imported their seed phrases into CoinStats. The attack followed a phishing notification sent to some iOS users inviting them to claim a 14.2 ETH reward, which led to a malicious website. Gevorgyan said the company has significant evidence that the attack was part of a group of hacks described in an FBI report as having ties to North Korea.