WazirX Hacker Moves $32M Stolen Ether in Four Days to Tornado Cash as Binance Denies Founder's Claims
Briefly

from Coindesk5 months ago
The hackers behind WazirX's major $230 million security breach from July have moved 15,000 ETH in tranches of 5,000 since Monday, amassing over $50 million in tokens.
Coindeskhttps://www.coindesk.com/business/2024/09/19/wazirx-hacker-moves-32m-stolen-ether-in-four-days-to-tornado-cash-as-binance-denies-founders-claims/
WazirX founder Nischal Shetty has shifted blame towards custodian Liminal and Binance amid ongoing restructurings, but both parties have rejected these claims, emphasizing the exchange’s liability.
Coindeskhttps://www.coindesk.com/business/2024/09/19/wazirx-hacker-moves-32m-stolen-ether-in-four-days-to-tornado-cash-as-binance-denies-founders-claims/
Tornado Cash, used by the hackers to move stolen ETH, allows users to exchange tokens while masking wallet identities, a common tactic among crypto criminals.
Coindeskhttps://www.coindesk.com/business/2024/09/19/wazirx-hacker-moves-32m-stolen-ether-in-four-days-to-tornado-cash-as-binance-denies-founders-claims/
The stolen funds from WazirX, amounting to over $100 million, accounted for over 45% of the exchange's total reserves, prompting its restructuring process.
Coindeskhttps://www.coindesk.com/business/2024/09/19/wazirx-hacker-moves-32m-stolen-ether-in-four-days-to-tornado-cash-as-binance-denies-founders-claims/
Read at Coindesk
#wazirx #security-breach #eth-movement #restructuring
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