Skip to content

Crypto Platform WazirX Freezes $3M

WazirX Freezes $3 Million in USDT After $230 Million Hack

  • WazirX froze $3 million in USDT to recover funds from a $230 million hack.
  • The hack occurred in July 2024, with recovery efforts ongoing as of January 17.
  • Nischal Shetty, WazirX co-founder, emphasized the firm’s commitment to fund recovery.
  • CoinDCX expressed interest in acquiring WazirX to support recovery efforts.
  • CoinSwitch launched a $70 million program to aid affected WazirX users.

WazirX has successfully frozen $3 million in USDT as part of its efforts to recover from a significant cyberattack that resulted in the theft of $230 million.

Source (2.6.1)https://cryptoslate.com/indian-crypto-platform-wazirx-freezes-3m-to-aid-recovery-from-230m-hack/?rand=24433
Share