Krutika Adani
After flooding the markets with Shiba Inu, stolen from WazirX, hackers were reported to have laundered most of their funds.
The hackers used Tornado Cash, a banned platform in multiple countries, to erase the link between the $6.5 million stolen funds and them.
Meanwhile, WazirX has allowed its users to withdraw their INR balances from the exchange. Users can now get 66% of their INR balances back.
WazirX faces legal charges in Singapore, which has been undergoing legal restructuring.
Although the hack took place in July, most of the hackers remain undetected and unnamed.