Deniz 
Security company PeckShield observed that the hacking entity in charge of the WazirX exploit seems to have laundered 2,600 ETH ($6.5 million) into the U.S.-sanctioned cryptocurrency mixer Tornado Cash.
Cybercriminals often send money to a mixer in order to complicate law enforcement’s tracking and recovery of pilfers of cryptocurrency. Targeting its multi-signature wallet, cryptocurrency exchange WazirX revealed a significant cyberattack causing a loss of more than $230 million on July 18, 2024. According to the exchange, this episode has affected WazirX’s capacity to keep balanced collaterals against its assets.
While the team concentrates on partial recovery and losses expected to be distributed among users, withdrawals remain frozen and trading has been stopped since July 21. Reports state that the restructuring initiatives might cause users of the platform not to get the whole value of their cryptocurrencies kept on it during the attack.
The North Korean Lazarus Group, a well-known state-sponsored hacking group infamous for launching high-profile breaches, including a $600 million hack on the Ronin sidechain in 2022, is thought to have launched this attack.
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