WazirX Hacker Suddenly Moves Millions of Dollars in Ethereum (ETH) to Tornado Cash
- WBOYOriginal
- 2024-09-05 06:39:151102browse
nnected to the hack of Indian crypto exchange WazirX is suddenly moving millions of dollars in Ethereum (ETH), according to the cybersecurity firm PeckShield.
An address linked to the July hack of Indian crypto exchange WazirX is shifting millions of dollars once more, blockchain tracking firm PeckShield noted on August 23rd.
The hacker moved 2,600.1 ETH (around $6.5 million) to Tornado Cash, a coin-mixing service that enables anonymous transactions.
“WazirX Exploiter-labeled address has transferred 2600.1 ETH (worth ~$6.5 million) to Tornado Cash…”
The stolen ETH was part of the July 18th hack of WazirX, which resulted in the theft of over $230 million in digital assets.
According to blockchain tracking firm Lookonchain, the crypto exchange lost several digital assets besides ETH, including top stablecoin Tether (USDT), layer-2 scaling solution Polygon (MATIC), metaverse gaming token Gala (GALA), and memecoins Shiba Inu (SHIB) and Pepe (PEPE).
Lookonchain also noted in July that the hacker was dumping the tokens and had already sold the stolen stash of SHIB and PEPE.
Last month, the exchange announced that it was reversing all trades and restoring customer balances following the hack.
“All users will have their portfolio balances on the WazirX platform restored to what they were on 18 July 2024, 1 PM IST… Affected users will receive an email notifying them of any affected trades.”
According to crypto sleuth ZachXBT, the hack appears to be linked to North Korea’s infamous crypto hacking group, The Lazarus Group.
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