Security firm PeckShield has discovered that the hacking group responsible for the cyberattack on crypto exchange WazirX has transferred 2,600 ETH (equivalent to $6.5 million) to Tornado Cash, a cryptocurrency mixer that is under US sanctions.
The attack, which occurred on July 18, 2024, resulted in a loss of more than $230 million for WazirX. This has caused the platform to struggle to maintain the balance of collateral for its assets.
As a result, withdrawals have been frozen and trading has been halted since July 21.
The WazirX team is currently working on recovering a portion of the stolen funds, but losses are expected to be shared among users.