🚨 ALERT FOR CRYPTO COMUNITY🚨

Breaking: Indian Crypto Exchange Falls Victim to $235M Hack

On July 18, Cyvers Alert announced that the Web3 security firm detected “multiple suspicious transactions” involving WazirX’s Safe Multisig wallet on Ethereum. 

It is believed that $234.9 million of funds in the wallet have been moved to a new address, with each transaction’s caller funded by Tornado Cash, a decentralized protocol for private transactions.

The address has already swapped funds comprised of Tether (USDT), Pepe ($PEPE ), and Gala (GALA) into Ether $ETH  According to a Telegram post in the “Investigations by ZachXBT” channel, crypto sleuth ZachXBT revealed that the suspected primary attacker address still has over $104 million to dump1.

The wallet mainly holds around $100 million Shiba Inu ($SHIB ), $52 million ETH, and $11 million Polygon (MATIC). It also contains $4.7 million FLOKI, $3.2 million Fantom (FTM), $2.8 million Chainlink (LINK), $2.3 million Fetch.ai (FET), and other tokens

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