CandleFocus

WazirX exploiter moves $11.6m in ETH to Tornado Cash

Summary: The hacker responsible for the WazirX hack continues to move stolen assets, with the latest batch of 5,001 ETH being laundered through the crypto mixer Tornado Cash. The hacker transferred the ETH to a new wallet and has since moved 3,600 ETH in batches of 100 ETH to Tornado Cash. This behavior is consistent with previous transactions by the hacker. The WazirX hack occurred in July and resulted in the loss of over $230 million from the Indian exchange. The exchange blamed the hack on a vulnerability from its custody provider, while an audit found that the exploit occurred outside of the custody provider. There are speculations that the hack may have involved an insider.

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