Indian crypto exchange falls victim to $235M hack

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Indian crypto exchange falls victim to $235M hack
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Indian crypto exchange WazirX falls victim to a $235 million hack, funds moved via Tornado Cash.

, it is believed that $234.9 million of funds in the Safe Multisig wallet of the Indian crypto exchange have been moved to a new address, with each transaction’s caller funded by Tornado Cash, the decentralized protocol for private transactions.in the “Investigations by ZachXBT” channel, crypto sleuth ZachXBT announced that the suspected primary attacker address still has over $104 million to dump.

Cointelegraph contacted WazirX to comment on the safety of user funds and measures to recover the stolen crypto assets. However, the team stated that a response was “not possible at this time.”On March 21, the Financial Intelligence Unit of the Indian Ministry of Finance issued compliance notices to multiple foreign crypto exchanges, including OKX.

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