WazirX Freezes Stolen Assets Worth $3 Mn

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SUMMARY

WazirX has frozen stolen assets worth $3 Mn as part of the ongoing recovery efforts, nearly six months after it suffered a $235 Mn cyberattack

Cofounder Nischal Shetty said the company remains “fully committed to recovering stolen funds” and maximising recoveries under the Scheme of Arrangement

WazirX’s parent Zettai is actively working with law enforcement agencies to trace and retrieve the stolen assets

Crypto exchange WazirX has frozen stolen assets worth $3 Mn as part of the ongoing recovery efforts, nearly…



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WazirX Freezes Stolen Assets Worth $3 Mn


SUMMARY

WazirX has frozen stolen assets worth $3 Mn as part of the ongoing recovery efforts, nearly six months after it suffered a $235 Mn cyberattack

Cofounder Nischal Shetty said the company remains “fully committed to recovering stolen funds” and maximising recoveries under the Scheme of Arrangement

WazirX’s parent Zettai is actively working with law enforcement agencies to trace and retrieve the stolen assets

Crypto exchange WazirX has frozen stolen assets worth $3 Mn as part of the ongoing recovery efforts, nearly…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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