Crypto

Breaking: WazirX Hacker moves another Rs 100 crore for money laundering

The alleged WazirX hacker has moved another batch of 5001 ETH, stolen from WazirX exchange, to a new address on September 9, to launder them through Tornado Cash Mixer. After moving the ETH batch, the hacker has already started laundering them in different small batches through Tornado. Breaking: WazirX Hacker moves another Rs 100 crore for money laundering

Till now, the WazirX hacker has laundered 7600 ETH worth Rs 147 crores through Tornado from September 2 to September 7. The money laundering through Tornado was carried out in several different transactions of 100 ETH each.

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On Monday, the alleged hacked moved 5001 ETH worth Rs 96.86 crores to a different address on Monday afternoon. Shortly after moving the ETH batch, the exploiter started laundering the stolen funds through Tornado in small batches. Till now, there has been four transactions made to Tornado by the alleged WazirX hacker in small batches of 100 ETH each. Breaking: WazirX Hacker moves another Rs 100 crore for money laundering

On July 18, the multi-sig wallet of WazirX exchange was attacked by alleged hackers who then stole different cryptocurrencies worth a staggering $234 Million amounting to Rs 2000 crore. The hackers had moved the stolen funds to different addresses.

It has been over 50 days since the hack and WazirX exchange has suspended all withdrawals from the platform and approached the Singapore High Court for a moratorium. The development by hackers come in the wake of ongoing protests by WazirX users demanding a criminal probe against the exchange management.

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