🚨 WazirX Hacker Nears Completion of Laundering $230M Stolen Funds!
2 hours ago, the WazirX hacker transferred the last 3,792 ETH (approximately $9.93M) to a new wallet, which is currently funneling the remaining funds into TornadoCash:
Wallet Address: 0xa6e894326214535916bf0b7d879cccc734b6120e
🕵️ Key Details:
The hacker initially stole $230M in various cryptocurrencies from WazirX on July 18, 2024.Most of the stolen assets were converted into 61,754 ETH.The laundering process began on September 3, 2024, with the hacker consistently moving funds through new wallets before transferring them to TornadoCash for privacy.After 22 days, the hacker is now almost done laundering the entire amount.
⚠️ Market Impact:
The hacker's strategy of slowly dispersing the stolen funds may have helped avoid immediate detection and market disruption. However, with the final stages underway, any large sell-offs could still impact the price of ETH or related assets.
