The exchange remains focused on addressing the impact on customer funds and ensuring the security and integrity of their platform.
In response to a significant cyberattack, WazirX, one of India’s leading cryptocurrency exchanges, has announced the launch of a bounty program to freeze and recover stolen assets.
In a post on X , WazirX outlined several immediate actions the exchange has taken in response to the cyberattack. The exchange has filed a police complaint and reported the incident to the Financial Intelligence Unit (FIU) and CERT-In.
Furthermore, WazirX’s co-founder Nischal Shetty made a separate post stating that the exchange is reaching out to over 500 exchanges to block the identified addresses associated with the stolen funds. The cooperation from these exchanges is crucial as the stolen assets move through various platforms.
