The WazirX hacker converted most of the stolen $230 million into 43,800 ETH, now holding about 59,097 ETH and $15 million in various other tokens.
Blockchain analytics firm Lookonchain announced Thursday night that the individual who misused the $230 million worth of cryptocurrency from India’s WazirX exchange converted most of the assets into ether.
In the X post, Lookonchain stated that the hacker had exchanged funds for 43,800 ETH ($149.46 million) and currently possesses approximately 59,097 ETH. Dent, Chromia, Celer Network, and Frontier tokens comprise approximately $15 million of the wallet’s remaining cryptocurrency assets.
“It is important to mention that the WazirX exploiter deposited 7.7M $DENT ($7.3K) to a Binance deposit address that has never been used before,” Lookonchain added.
On Thursday, the Indian crypto exchange was the victim of a $230 million breach that targeted its multisig wallet on the Ethereum network. Shiba Inu, Ethereum, Polygon, and PePe memecoin were among the more than 200 crypto assets plundered.
WazirX has since suspended all withdrawals, acknowledging the security vulnerability and referring to the incident as a “force majeure event” beyond its control.
At the same time, Elliptic, another blockchain analytics firm, stated in a report that on-chain data indicates that the exploit was executed by hackers affiliated with North Korea.