Liminal challenges WazirX’s accusations after $235M security breach

According to Liminal, 75 days after the hack, WazirX still had more than $175 million in its custody despite blaming the custodian for causing the breach.

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Amid the ongoing debt restructuring of the hacked Indian cryptocurrency exchange WazirX, its digital custody partner Liminal issued a statement addressing the alleged security breach.

On Oct. 22, Liminal released an update responding to what it called a “disinformation campaign” by WazirX and clarified some information about its role in the matter.

The statement claimed that despite accusing Liminal of causing the $235 million breach in July, WazirX continues using its digital custody services, keeping millions of its assets on Liminal.

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