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