Indian cryptocurrency exchange WazirX under investigation by government agencies after a Rs 2,000 crore cyber theft.

Indian cryptocurrency exchange WazirX is under investigation by major government agencies, including the Financial Intelligence Unit and CERT-In, following a Rs 2,000 crore ($234 million) cyber theft in July. WazirX reported that nearly 43% of its users may lose their stolen assets, with hackers withdrawing funds via the Tornado Cash platform. The situation has raised significant concerns regarding the impact on investors and the need for a thorough investigation.

October 07, 2024
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