WazirX Hack: $230 Million Stolen Funds Almost Laundered, What’s Next? 
TL;DR 
- The hacker behind the WazirX breach has nearly laundered all of the $230 million stolen, with only $6 million in $ETH remaining. 
- WazirX is facing significant recovery challenges and must work to restore its reputation and enhance security protocols.
The hacker responsible for the WazirX breach in July, which resulted in the theft of $230 million, is close to completing the laundering of the stolen funds. Utilizing Tornado Cash to obscure transactions has made it increasingly difficult to trace the illicit money. Currently, only $6 million worth of $ETH remains unlaundered, indicating considerable progress in the operation.
In the aftermath of the hack, WazirX has begun a restructuring process. The breach compromised over 45% of the platform's reserves, leading to substantial challenges in recovering lost funds. The exchange has faced scrutiny regarding its management of the crisis and the steps taken to address the fallout…