Join our Telegram channel to stay up to date with the news
A wallet address belonging to the hacker who stole more than $235 million Indian crypto exchange WazirX recently moved $6.5 million in crypto to the Tornado Cash mixer.
Blockchain security platform Cyvers Alerts noted the transaction in a September 3 statement. job on X. According to the tweet, the hacker sent 2,600 ETH to the platform in an attempt to launder the funds.
Hacker Executed Multiple ETH Transfers in Rapid Succession
The day before the $6.5 million transfer to Tornado Cash, the wallet contained $6.7 million worth of cryptocurrencies. After executing 26 separate ETH transfers, the wallet still contains $154,000.
All transactions were completed within an hour and saw 100 ETH sent to the crypto mixing platform with each transfer, according to data from DeBank.
The transfers also come as the exchange has opened Indian Rupee (INR) withdrawals for its customers. WazirX users who were affected by the hack can now withdraw 66% of their balance in INR.
📢 Phase 2 of INR withdrawals starts early!
Starting today, all eligible users can now withdraw up to the total limit of 66% of their INR balance.
Originally scheduled for September 9th, we have moved it up to provide earlier access. Thank you for your continued patience and support… pic.twitter.com/6I3BA220b2
— WazirX: Bitcoin Exchange in India (@WazirXIndia) September 3, 2024
Users can only withdraw up to 66% of their INR balance as the remaining funds have been “frozen” due to multiple ongoing investigations by various law enforcement agencies, WazirX said on August 23.
WazirX Allows INR Withdrawals One Week Earlier
Initially, the exchange’s withdrawal window was supposed to open only on September 9. However, the platform decided to allow INR withdrawals a week earlier to allow users of the platform to access their funds.
WazirX is rolling out its phased plan to restore regular financial operations on its platform. Part of this plan includes the reactivation of INR withdrawals for customers, which began on August 26.
The exchange suggested that there are still legal issues that have limited cryptocurrency withdrawals. WazirX is also pursuing legal proceedings in Singapore as part of its restructuring.
Related articles:
Most Wanted Cryptocurrency Launch – Pepe Unchained
- Level 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Staking Rewards – pepeunchained.com
- Over $10 Million Raised in ICO – Ending Soon
Join our Telegram channel to stay up to date with the news
