
WazirX Faces $234M Hack Investigation as Government Agencies Step In
Government agencies have launched a formal investigation into the $234 million cryptocurrency hack that recently impacted WazirX, one of India’s largest cryptocurrency exchanges.
3 stories · Every PressRoom story about Wazir X, newest first. Last updated 8 October 2024.

Government agencies have launched a formal investigation into the $234 million cryptocurrency hack that recently impacted WazirX, one of India’s largest cryptocurrency exchanges.

In a significant development, cryptocurrency exchange WazirX has been granted a four-month conditional moratorium by a Singapore court, following a major cyberattack that resulted in a $230 million loss.

A cryptocurrency wallet linked to the hacker responsible for the $235 million theft from WazirX, an Indian crypto exchange, has moved a substantial portion of the stolen assets through Tornado Cash, a sanctioned cryptocurrency mixing service.