WazirX hacker has transferred 5,000 Ethereum, worth $12m post FED rate cut.

Sept 20, 2024 Sept 20, 2024

Latest transfer was made to a new address (0x46b), marking a continuation of the laundering process.

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The hacker is laundering funds using Tornado Cash, a crypto mixer that hides transaction trails.

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ETH rose 4.94% to over $2,400 after the Fed cut interest rates, increasing the value of transferred funds.

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WazirX hacker’s total transfer now exceeds $230m as ETH continues to be laundered via Tornado Cash.

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