The post WazirX Hack Drama: ETH Laundering and Binance’s Bold Denials appeared first on Coinpedia Fintech News
In a new twist of events concerning the WazirX hack, the hackers have switched $32M worth of stolen Ether (ETH) through the Tornado Cash. Since Monday, $15,000 ETH has been shifted with three tranches of 5,000 ETH transferred over the past 4 days as per the Peckshield alerts. However, even after such big transactions, the hacker’s wallet has more than $50 million worth of tokens, mainly in ETH.
Nischal Shetty defends Zettai’s position amidst restructing
Based in Singapore, WazirX’s founder Nischal Shetty, and the director of Zettai Pte Ltd also known as Zettai has filed a third affidavit about the insolvency process and restructuring that the company is undergoing.
In the affidavit, Shetty gives new information in various areas such as creditor management, restructuring plans and the change in blames over the hack.
First of all, Zettai has sought pro
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