WazirX hacker launders $10 million through Tornado Cash
The hacker who stole over $235 million from WazirX has laundered approximately $10 million through Tornado Cash in the last 24 hours, according to Cyvers. The laundering began on September 4, with $10 million in Ethereum (ETH) moved, including about $2 million in deposits. The hacker transferred around 5,000 ETH, valued at $12 million, to a new wallet address. Analysts noted similarities between the hacker's tactics and those of the Lazarus Group, linked to over $2 billion in crypto thefts. WazirX announced an early withdrawal window for users to access 66% of their Indian rupee (INR) token balances, moving the date forward from September 9. Users expressed dissatisfaction with partial access and uncertainty regarding crypto withdrawals. WazirX's legal team indicated users might recover only 55% to 57% of their crypto holdings and the exchange has filed for restructuring in Singapore to manage its liabilities.
