WazirX Hacker Transfers $6.5 Million In ETH To Crypto Mixing Platform Tornado Cash

A
wallet
address
belonging
to
the
hacker
that
stole
more
than


$235
million

from
the
Indian
crypto
exchange
WazirX
recently
moved
$6.5
million
in
crypto
to
the
mixer
Tornado
Cash.

Blockchain
security
platform
Cyvers
Alerts
noted
the
transaction
in
a
Sept.
3


post

on
X.
According
to
the
tweet,
the
hacker
sent
2,600
ETH
to
the
platform
to
try
to
launder
the
funds.

Hacker
Executed
Multiple
ETH
Transfers
In
Quick
Succession

A
day
before
the
$6.5
million
transfer
to
Tornado
Cash,
the
wallet
held
$6.7
worth
of
crypto.
After
executing
26
separate
ETH
transfers,
the
wallet
still
holds
$154,000. 

All
of
the
transactions
were
executed
within
an
hour
and
saw
100
ETH
sent
to
the
crypto
mixing
platform
with
each
transfer,
according
to


data

from
DeBank.

These
transfers
also
come
as
the
exchange
platform
opened
up
Indian
Rupee
(INR)
withdrawals
for
their
customers.
WazirX
users
that
were
impacted
by
the
hack
are
now
able
to
withdraw
66%
of
their
INR
balance. 

????
INR
Withdrawals
Phase
2
Starts
Early!

Starting
today,
all
eligible
users
can
now
withdraw
up
to
the
full
66%
limit
of
their
INR
balances.

Originally
scheduled
for
9th
September,
we’ve
moved
this
up
to
provide
quicker
access.
Thank
you
for
your
continued
patience
and
support…

pic.twitter.com/6I3BA220b2

—
WazirX:
India
Ka
Bitcoin
Exchange
(@WazirXIndia)

September
3,
2024

Users
are
only
able
to
withdraw
up
to
66%
of
their
INR
balances
because
the
remaining
funds
have
been
“frozen”
due
to
multiple
ongoing
investigations
with
various
law
enforcement
agencies,
WazirX
said
on
Aug.
23.

WazirX
Enables
INR
Withdrawals
A
Week
Early

Initially,
the
exchange’s
withdrawal
window
was
only
meant
to
open
on
Sept.
9.
However,
the
platform
decided
to
enable
INR
withdrawals
a
week
early
to
allow
the
platform’s
users
to
access
their
funds.

WazirX

is
in
the
process
of
rolling
out
its
staggered
plan
to
restore
regular
financial
operations
on
its
platform.
Part
of
this
plan
is
the
re-activation
of
INR
withdrawals
for
clients,
which
started
on
Aug.
26.

The
exchange
suggested
that
there
are
still
some
legal
issues
that
have
restricted
crypto
withdrawals.
WazirX
is
also
carrying
on
with
legal
proceedings
in
Singapore
as
part
of
its
restructuring.

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