WazirX Hacker: A Masterclass in Misuse
The “WazirX Hacker” is almost done pulling off one of the most audacious heists the crypto world has ever seen.
$230 million stolen, funneled through Tornado Cash, and now, just $6 million remains.
It’s almost poetic, if it weren’t so criminal.
On-chain data shows this isn’t just a theft—it’s a testament to how technology can be wielded for the wrong reasons.
Efficiency and Precision—With WazirX : For All the Wrong Purposes
Back in July, WazirX—once India’s biggest crypto exchange—watched as 45% of its reserves vanished. What did the hacker use?
Tornado Cash, a tool originally designed to protect privacy.
Sounds noble, right? Well, just like a knife can spread butter or start a war, Tornado Cash has become the weapon of choice for criminals who want to erase their tracks.
So here we are: $230 million, chopped up and funneled through the shadows of the blockchain. What’s left? A mere $6 million in ether, hiding like a cockroach that hasn’t been squashed yet.
WazirX Left Reeling—While Binance Shrugs
This isn’t just a story about money; it’s about reputation, trust, and what happens when that trust is shattered.
WazirX is now limping through restructuring, scrambling to regain user confidence. Meanwhile, Binance, long at odds with WazirX, wasted no time distancing itself. “Not our circus, not our monkeys,” they practically said, wiping their hands of any responsibility.
Their attempts to shift responsibility is a disappointing deflection tactic, but it should not distract anyone from the glaring issue to be addressed here: the need for the WazirX team to be held accountable for user funds lost under their management
In the end, the “WazirX Hacker” nearly completed a $230 million vanishing act. But the real damage? It’s in what’s left behind: a shattered exchange, burned customers, and a big question mark on who’s responsible for keeping these systems secure.
So, lesson learned: technology is powerful, but in the wrong hands, it’s a revolution that can easily turn into a disaster.
At 2Crypto, we embrace a legitimate system built on trust, featuring well-known and experienced individuals who are dedicated to safeguarding your investments. In a landscape fraught with risks, choose the path that empowers you with clarity and confidence. After all, when it comes to your financial future, it’s not just about the technology; it’s about the people behind it.