The hacker that stole over $230 million from WazirX has begun transferring funds through Tornado Cash, obscuring transaction trails effectively.
WazirX, after a major hack, is reorganizing and may allow customers to recover only 55%-57% of their lost funds.
Tornado Cash, while not malicious in itself, is often leveraged by criminals to anonymize the movement of illegally obtained cryptocurrency.
The attack, attributed to North Korea's Lazarus group, highlights ongoing cybersecurity threats in the cryptocurrency landscape that have significant financial repercussions.
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