Cryptocurrency exchange WazirX reported a $235 million hack to police and cyber response teams on July 18, 2024. They have asked over 500 crypto exchanges to freeze hacker accounts.
Experts point to North Korean hackers as the culprits. WazirX’s swift response, including involving authorities like the Financial Intelligence Unit and CERT-In, shows their commitment to cybersecurity.
WazirX plans to track and recover the stolen funds through deep forensic analysis. CERT-In, operating under India’s Ministry of Electronics and Information Technology, is key in this effort.
Previously, WazirX was accused of laundering $350 million but later cleared. This incident underscores the need for strong cybersecurity in the crypto world.
WazirX’s actions highlight the importance of vigilance, transparency, and rapid response in protecting digital assets.
