This was reported by the blockchain security platform Cyvers. Another crypto transaction tracking platform, DeBank, reported that on September 2, the hacker’s address contained $6.7 million in crypto assets. Now, it contains $154,000 — in just one hour, the hacker committed 26 separate transactions of 100 ETH each, transferring them to Tornado Cash.
This comes after WazirX announced that users are allowed to withdraw up to 66% of their crypto assets in Indian rupees from the exchange, although the withdrawal window is still a week away. WazirX had initially planned to open the withdrawal window on September 9, but the exchange was able to do so earlier to allow users to access their funds faster.
On August 23, the exchange reported that 34% of customer funds in Indian rupees were frozen and unavailable for withdrawal due to law enforcement investigations. WazirX was hacked on July 18, and the crypto exchange is currently implementing a step-by-step plan to restore financial operations.
Recently, George Gwee, director of the consulting company Kroll, suggested that even during the restructuring of WazirX, affected users will at best be able to recover only 55-57% of their total funds.
Source: Bits
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