WazirX Hacker Awakens For First Time Since $235M Hack

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Arkm-research2024/09/02 16:00

By:Research Team

The WazirX hacker moved $6.3M ETH to Tornado Cash yesterday. These are the first transactions from any of the hacker’s addresses in 1.5 months since the hack occurred.

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WazirX Hacker Transactions to Tornado Cash

The ETH deposited to Tornado Cash was almost the entire balance of the hacker’s address 0x668 which now has only $153K ETH left over. 0x668 received all of its ETH holdings from two other wallets which sold stolen altcoins for ETH.

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WazirX Hacker Profile Page on Arkham

As of 3rd September, the WazirX hacker still holds $154.27M in ETH, acquired with funds stolen from WazirX.

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WazirX Hack Traced on Arkham

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The WazirX hack happened on July 18th and resulted in over $235M of losses for the exchange, which was once India’s largest exchange by volume.

Arkham’s Balance History Graph credited WazirX holdings as totalling $380M the day prior to the incident, with that number falling to only $148M after the exchange was compromised.

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WazirX Balances History on Arkham

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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