WazirX Suspicious Transactions: $234.9M Shifted Amid Security Breach, Withdrawals Paused

Web3 security firm Cyvers has detected “multiple suspicious transactions” involving WazirX’s Safe Multisig wallet on Ethereum. According to an X post, $234.9 million of funds in the Safe Multisig wallet of the Indian crypto exchange have been moved to a new address. Each transaction’s caller was funded by Tornado Cash, the decentralized protocol for private transactions. The new address has already swapped the shifted funds, which comprised Tether, Pepe, and Gala (GALA), into Ether. According to a Telegram post in the “Investigations by ZachXBT” channel, crypto sleuth ZachXBT announced that the suspected primary attacker address still holds over $104 million