In the wake of the $230 million hack at Indian crypto exchange WazirX, the attackers have moved another $12 million worth of Ethereum.
Recently, 5,000 ETH was transferred to an intermediary before being funneled through Tornado Cash in smaller amounts.
Starting September 2, the hacker began shifting the stolen Ethereum in chunks to avoid detection, with recent activity showing a total of over 42,500 ETH laundered through Tornado Cash.
The attacker still holds a significant amount of Ethereum and other cryptocurrencies.
The breach, which hit WazirX’s multisig wallet on July 18, has seen Ethereum’s value drop by nearly 30%.
WazirX, struggling with the aftermath, has paused withdrawals and trading while seeking a court-sanctioned restructuring. Binance has denied ownership of WazirX, accusing its director of false claims about their relationship.
The U.S. Securities and Exchange Commission (SEC) has filed emergency enforcement actions against First Liberty Building & Loan, LLC and its founder, Edwin Brant Frost IV, alleging they operated a $140 million Ponzi scheme that spanned more than a decade and defrauded around 300 investors.
A legal clash between Coin Center and the U.S. Treasury Department over sanctions imposed on Tornado Cash has officially come to an end, following a joint decision to dismiss the case.
A sophisticated cyberattack targeting Brazil’s central bank reserve accounts has resulted in the theft of over $140 million (R$800 million), much of which was swiftly funneled through cryptocurrency channels.
A malicious open-source project on GitHub disguised as a Solana trading bot has compromised user wallets, according to a July 2, 2025, report by cybersecurity firm SlowMist.