Thursday, October 3, 2024

WazirX Hacker Launders Additional 400 ETH via TornadoCash

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WazirX hacker launder 400 ETH TornadoCash has been reported by PeckShieldAlert via X. The hacker, who is allegedly responsible for the WazirX breach, used TornadoCash to launder an additional 400 ETH, adding to previous laundering activities associated with the same address, 0x2D29…a968.

Key Details of the Incident

Hacker Address Identified: The hacker’s address, 0x2D29…a968, has been repeatedly linked to laundering stolen funds through TornadoCash, a popular crypto mixing service used to obscure transaction trails.
400 ETH Laundered: The most recent laundering activity involved the transfer of 400 ETH through TornadoCash. This follows earlier transactions tied to the same address, indicating a consistent pattern of activity by the hacker.

TornadoCash and Crypto Laundering

TornadoCash has been frequently used in crypto laundering activities due to its ability to mix transactions and obfuscate the origin of funds. This service, while providing privacy benefits, has faced scrutiny for being a tool used by hackers to launder stolen cryptocurrencies.

Conclusion

The WazirX hacker launder 400 ETH TornadoCash case highlights the ongoing challenges in tracking and recovering stolen funds in the crypto space. With the hacker repeatedly using TornadoCash to launder assets, the investigation remains complex, and the crypto community will be closely monitoring further developments.

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