2024

when

Tornado Cash

Tornado

WazirX

<p class="is-style-lead">The WazirX exploiter has transferred 5,000 ETH to a new wallet and started laundering the funds through the crypto mixer Tornado Cash.</p> 
<p>According to PeckSheildAlert, the WazirX exploiter <a href="https://etherscan.io/txs?a=0x58d3b2fd2ce20a7149244d7e34d18b9b55448e7a&amp;f=2" target="_blank">moved </a>5000 ETH (roughly $12 million) to a new address identified by “<a href="https://etherscan.io/address/0x2d2906f7c8da32e87064d9e71c98f39b2ceba968" target="_blank">0x2…968</a>” and subsequently started transferring the funds to Tornado Cash, a mixing service that regulators claim <a href="https://crypto.news/tornado-cash-case-crypto-anonymity-vs-regulation/" target="_blank">helped launder</a> $7 billion worth of crypto funds since 2019.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#PeckShieldAlert</a> <a href="https://twitter.com/hashtag/WazirX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#WazirX</a> Exploiter -labeled address has transferred 5K <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$ETH</a> (worth ~$12M) to a new address 0x2D29…a968<br>On July 18, India's <a href="https://twitter.com/hashtag/CEX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#CEX</a> WazirX suffered a major security breach, resulting in the theft of over $230 million in cryptos. <a rel="" href="https://t.co/12qlK9Q0KF" target="_blank">pic.twitter.com/12qlK9Q0KF</a></p>— PeckShieldAlert (@PeckShieldAlert) <a href="https://twitter.com/PeckShieldAlert/status/1831600576402223120?ref_src=twsrc%5Etfw" target="_blank">September 5, 2024</a>
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<p>Upon writing, the exploiter sent 1600 ETH (around $3.8 million) to the crypto mixer within 30 minutes of receiving the funds in the new wallet, with 3,399.92 ( approximately $8.19 million) remaining. The funds were sent across 16 transfers in batches of 100 ETH.</p> 
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 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdqtgXXbZZ_HsPWr3_jIOlwZcZKdGhA8vS9lDxlsfjwcikXGgTjOS-xPLdz770dWpi0MV-VTF6u0SU-BF6U6UYBBgrTHYNF9laVkbT_QmEa5S21F7qS4XxAtlYFycI9agtYB08vjxxRCnp5n_tle1R6M2Q?key=QV_Fgp_UXZK67UOAOWyizg" alt="WazirX hacker transfers 1600 ETH to Tornado Cash - 6" style="width: 100%;height:auto">
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  WazirX exploiter transferring funds to Tornado Cash. | Source: <a href="https://etherscan.io/address/0x2d2906f7c8da32e87064d9e71c98f39b2ceba968" target="_blank">Etherscan</a>
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<p>Just two days ago, on Sep. 2, the attacker had laundered an additional 2,600 Ether (<a href="https://crypto.news/price/ethereum/" target="_blank">ETH</a>), valued at $6.5 million at the time, via the Tornado Cash route. A similar pattern was recorded with the funds being transferred in batches of 100 ETH across 26 transactions.</p> 
<p> You might also like: <a rel="" href="https://crypto.news/wazirx-opens-partial-withdrawals-for-inr-reduces-fees-by-60/"> WazirX opens partial withdrawals for INR, reduces fees by 60% </a> </p> 
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   <p lang="en" dir="ltr">🚨ALERT🚨The <a href="https://twitter.com/WazirXIndia?ref_src=twsrc%5Etfw" target="_blank">@WazirXIndia</a> hacker has begun transferring stolen funds to <a href="https://twitter.com/TornadoCash?ref_src=twsrc%5Etfw" target="_blank">@TornadoCash</a> at <a rel="" href="https://t.co/bXF5gBKvxj" target="_blank">https://t.co/bXF5gBKvxj</a><br><br>The incident, which was revealed by the <a href="https://twitter.com/Cyvers_?ref_src=twsrc%5Etfw" target="_blank">@Cyvers_</a> system on July 18, 2024, resulted in a $235M loss.<br><br>So far, the attacker has moved 2,600 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$ETH</a> $6.5M to Tornado Cash!… <a rel="" href="https://t.co/egLcmhaYYb" target="_blank">https://t.co/egLcmhaYYb</a> <a rel="" href="https://t.co/jIlx9RND2y" target="_blank">pic.twitter.com/jIlx9RND2y</a></p>— 🚨 Cyvers Alerts 🚨 (@CyversAlerts) <a href="https://twitter.com/CyversAlerts/status/1830699571166523646?ref_src=twsrc%5Etfw" target="_blank">September 2, 2024</a>
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<p>Factoring in the recent transfers, the exploiter has managed to launder a total of 4,200 ETH, translating to $10.11 million at current market rates.</p> 
<p>WazirX had lost a total of <a href="https://crypto.news/wazirx-halts-trading-closes-deposits-following-235m-attack/" target="_blank">$235 million</a> in the July 18 attack that crippled the exchange and compelled it to pursue a Singapore Scheme of Arrangement, a restructuring process under the country’s insolvency laws and regulations.</p> 
<p>Meanwhile, WazirX customers have voiced their discontent over being limited to withdrawing only 66% of their funds after the exchange <a href="https://crypto.news/wazirx-announces-inr-withdrawals-provides-update-for-crypto-holders/" target="_blank">announced</a> phased inr withdrawals starting Aug. 26. Many users feel this partial access is insufficient and have raised concerns on social media, while others <a href="https://x.com/cryptoamanclub/status/1830829312347443423" target="_blank">questioned</a> when cryptocurrency withdrawals would resume.</p> 
<p> Read more: <a rel="" href="https://crypto.news/wazirx-announces-inr-withdrawals-provides-update-for-crypto-holders/"> WazirX announces INR withdrawals, provides update for crypto holders </a> </p>

WazirX hacker transfers 1600 ETH to Tornado Cash

crypto.news

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