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Thursday, July 18, 2024 at 10:00 UTC

WazirX

Multisig signer device compromise by Lazarus.

Lost
Funds stolen
$230.00M
Recovered
$0.00M0%
Still outstanding
$230.00M
Chain
Ethereum
Category
CEX
Attack vector
Private Key Compromise
Reported by
Chainalysis
Incident ID
h2024-3

Exploit & recovery timeline

  1. Jul 18, 2024 · 08:00 UTC
    Attack preparation

    Attacker wallets funded and staged ahead of the private key compromise exploit against WazirX.

  2. Jul 18, 2024 · 10:00 UTC
    Exploit executed

    $230.0M drained from WazirX on Ethereum via Private Key Compromise.

  3. Jul 18, 2024 · 11:00 UTC
    Detected by Chainalysis

    Chainalysis flagged the anomalous transactions and published an initial alert.

  4. Jul 18, 2024 · 14:00 UTC
    Protocol response

    WazirX paused affected contracts or withdrawals and began tracing outbound flows.

  5. Jul 19, 2024 · 10:00 UTC
    Funds traced

    Stolen assets followed through mixers, bridges, and exchange deposit addresses.

  6. Aug 17, 2024 · 10:00 UTC
    Funds written off

    No assets recovered; losses absorbed by the protocol, insurers, or users.