---
title: "WazirX hacker funnels $149M of SHIB, MATIC other altcoins into ETH"
url: https://diffcoin.com/wazirx-hacker-funnels-149m-of-shib-matic-other-altcoins-into-eth/
description: "Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get…"
published: 2024-07-19
updated: 2024-07-19
author: "Mila"
site: "Diffcoin"
---

# WazirX hacker funnels $149M of SHIB, MATIC other altcoins into ETH

Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen.

[Source link](https://cointelegraph.com/news/wazirx-hacker-converts-149-million-in-altcoins-to-ether?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)