Hacker behind $230 million WazirX exploit converts most siphoned assets into ether | Headlines | News | CoinMarketCap

07/19/2024 11:28
Hacker behind $230 million WazirX exploit converts most siphoned assets into ether | Headlines | News | CoinMarketCap

The exploiter of the $230 million worth of crypto from India’s WazirX exchange has transferred most of the assets into ether, blockchain analytics …

The exploiter of the $230 million worth of crypto from India’s WazirX exchange has transferred most of the assets into ether, blockchain analytics firm Lookonchain said on X Thursday night.

The hacker has exchanged the funds for 43,800 ETH ($149.46 million) and holds around 59,097 ETH, Lookonchain said in the X post. The wallet has about $15 million worth of crypto remaining, in Dent, Chromia, Celer Network and Frontier tokens.

“It is worth noting that WazirX exploiter deposited 7.7M $DENT ($7.3K) to a Binance deposit address that has not been used before,” Lookonchain added.

The Indian crypto exchange suffered the $230 million breach on Thursday, which targeted its multisig wallet on the Ethereum network. Over 200 different crypto assets were stolen, including Shiba Inu, Ethereum, …

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