
Following a $230 million hack that compromised 45% of user funds, Indian cryptocurrency exchange WazirX has been granted a four-month conditional moratorium by the Singapore High Court to restructure its liabilities. As part of the court's conditions, WazirX is required to disclose its wallet addresses. Meanwhile, the hacker responsible for the breach has consolidated 4,250 ETH (worth approximately $11 million) into a new address and has nearly finished laundering the stolen funds, with only $6 million worth of Ether remaining. The hacker has been using Tornado Cash, a coin mixer, to obscure transactions.
#ICYMI: WazirX granted 4-month $230 million debt repayment extension by Singapore court Read the full article 👇 https://t.co/R7R0bU4RLQ https://t.co/i2h9xqFb6v
WazirX granted 4-month $230 million debt repayment extension by Singapore court via @TheMonsoonChild https://t.co/3KwSxZXzbD
Wazirx Granted 4-Month Moratorium, Will Make Wallet Addresses Public https://t.co/vhJLc6b7f0




