đš **Crypto News Flash: WazirX Hack Update** đš
The hacker behind July's $230 million WazirX breach is close to finishing laundering the stolen funds. Using Tornado Cash to obscure transactions, only $6 million worth of ether remains.
- **Hack Impact**: Over 45% of WazirX's reserves were compromised.
- **Fund Movement**: Significant transfers to Tornado Cash in August and September.
- **Recovery Efforts**: WazirX is restructuring but facing challenges in fund recovery and criticism for crisis management.
What are your thoughts on WazirX's handling of the situation? Drop your comments below! đŹ