WazirX’s Safe Multisig wallet hacked, and $230M stolen via Tornado Cash.
Exchange suspends withdrawals; community fears this could be India’s biggest crypto hack.
Web3 security firm Cyvers has detected multiple suspicious transactions involving prominent Indian exchange WazirX’s Safe Multisig wallet on Ethereum. According to an X post, it is believed that $234.9 million of funds in the Multisig have been moved to a new address. Each transaction’s caller was funded by Tornado Cash, a decentralized protocol for private transactions.
Lookonchain reported that WazirX has approximately $230 million in assets stolen, including,5.43 trillion SHIB ($102 million),15,298 ETH ($52.5 million), 20.5 million MATIC ($11.24 million), 640.27 billion PEPE ($7.6 million),5.79 million USDT and 135 million GALA ($3.5 million).
Speculation suggests that the use of Tornado Cash to fund the transactions mirrors methods used in previous high-profile attacks. While it is too early to defini
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