WazirX Exploiter Moves $11.8 Million in ETH to New Anonymous Address

Quick Summary:

WazirX Exploiter Transfers $11.8 Million in ETH to New Anonymous Address: In a recent development, the exploiter associated with the Indian crypto exchange WazirX has moved another 5,000 ETH, valued at approximately $11.8 million, to a new anonymous address.

PeckShield, a renowned blockchain security firm, reported the transaction on their X (formerly Twitter) account via their PeckShieldAlert handle.

Potential Money Laundering: The transfer of large sums of ETH to anonymous addresses raises significant concerns about the possibility of money laundering.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: WazirX Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 12:47:59 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 352 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22493306

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

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Publisher ID: #121

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