Home » Hacker Launders $6.5 Million Stolen from WazirX via Tornado Cash

Hacker Launders $6.5 Million Stolen from WazirX via Tornado Cash

03.09.2024 16:00 1 min. read Alexander Stefanov
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Hacker Launders $6.5 Million Stolen from WazirX via Tornado Cash

A wallet connected to the hacker who stole over $235 million from the Indian crypto exchange WazirX recently moved $6.5 million through the sanctioned crypto mixer Tornado Cash.

On September 3, blockchain security firm Cyvers revealed on the X platform that the hacker transferred 2,600 ETH, worth $6.5 million at the time, to Tornado Cash in an effort to launder the stolen funds.

As of September 2, the wallet had around $6.7 million. However, after the hacker made 26 transactions of 100 ETH each to Tornado Cash within an hour, the wallet’s balance dropped to just $154,000, according to crypto-tracking platform DeBank.

In the meantime, WazirX announced that users can begin withdrawing part of their balances in Indian Rupee (INR) tokens nearly a week earlier than the planned withdrawal period.

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

WazirX originally scheduled the withdrawal period for September 9 but moved it up to allow users earlier access to their funds.

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