Crypto Exchange Hacker Moves $6,500,000 in Ethereum (ETH) to Digital Asset Mixer Tornado Cash: PeckShield

An tackle linked to the hack of the Indian cryptocurrency change WazirX all of the sudden strikes hundreds of thousands of {dollars} in Ethereum (ETH), in accordance with cybersecurity firm PeckShield.

PeckSchild say that the hacker transferred the ETH provide to Twister Money, a coin mixing service that enables nameless digital asset transactions.

“WazirX Exploiter-tagged tackle transferred 2600.1 ETH (price ~$6.5 million) to Twister Money…”

The stolen ETH was a part of the July 18 hack of WazirX, which resulted within the theft of greater than $230 million in digital property.

Blockchain monitoring firm Lookonchain reported that the crypto change misplaced a number of digital property along with ETH, together with prime stablecoin Tether (USDT), layer-2 scaling resolution Polygon (MATIC), metaverse gaming token Gala (GALA), and memecoins Shiba Inu (SHIB) and Pepe (PEPE). Lookonchain additionally famous in July that the hacker was within the technique of dumping the tokens and had already bought the stolen inventory of SHIB and PEPE.

Final month, the change introduced it was reversing all transactions and restoring buyer balances after the hack.

“All customers’ pockets balances on the WazirX platform will likely be restored to what they have been on July 18, 2024, 1:00 PM IST… Affected customers will obtain an electronic mail notifying them of any affected transactions.”

In keeping with crypto sleuth ZachXBT, the hack seems to be traceable to the notorious North Korean crypto hacking group The Lazarus Group.

Do not miss a beat – Subscribe to obtain electronic mail alerts straight to your inbox

Test value motion

Comply with us additional X, Facebook And Telegram

Surf to the Every day Hodl combine

Generated picture: Midjourney