WazirX hacker transfers 1600 ETH to Tornado Cash
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
WazirX Exploiter Activity: The WazirX exploiter has transferred 5,000 ETH (approximately $12 million) to a new wallet and is laundering the funds through Tornado Cash, following a major security breach that resulted in the theft of over $230 million from the exchange.
Customer Discontent: WazirX customers are expressing dissatisfaction with limited access to their funds, as they can only withdraw 66% after the exchange announced phased INR withdrawals, raising concerns about when full cryptocurrency withdrawals will resume.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
