News and Analytics

0

WazirX Hackers Transfer 5000 ETH Through Tornado Cash

Sep 19, 2024
  1. WazirX Incident
  2. Impact of the Incident
  3. Suspicions of Insider Involvement

Hackers responsible for the massive WazirX exploit continue to move the stolen funds. The latest transfer involves 5,000 ETH (approximately $12 million) passed through the privacy mixer Tornado Cash, according to blockchain security firm Cyvers.

WazirX Incident

Hackers responsible for the WazirX exploit continue to move stolen funds. The latest transfer includes 5,000 ETH (approximately $12 million) sent through the privacy-enhancing service Tornado Cash.

Impact of the Incident

This transfer is part of a continuous laundering activity pattern observed since early September, where the hacker repeatedly moves large sums of ETH through Tornado Cash.

Suspicions of Insider Involvement

There are growing suspicions about insider involvement, which complicates the investigation and the recovery of stolen assets.

The WazirX incident remains under heavy scrutiny as hackers persist in moving stolen cryptocurrencies, employing various methods to obscure their tracks.

Comments

Latest analytics

Bead Pay: Cryptocurrency...

Bead Pay: Cryptocurrency Solutions for Global Payments

Bobby Zagotta and...

Bobby Zagotta and His Impact on the Crypto Industry

Show more

Latest Dapp Articles

Show more

You may also like