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.

READ MORE:

WazirX Users Unlikely to Recover Full Funds After $234 Million Hack

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

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.