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WAZIRX CYBERATTACK RECOVERY
WazirX’s Revival - an understated moment for India’s Crypto Industry?A Harvard study highlights billions lost annually due to hasty liquidations, advocating for restructuring. WazirX's successful Singapore-ba...- Madras HC ruling recognising cryptocurrency as property: What does it mean for investors?Crypto holders may have recourse to property law remedies such as injunctions, trusts, claims for misappropriation, rather than purely cont...
- Singapore Court okays WazirX parent's plan for return of frozen assetsSingapore High Court approved WazirX's parent Zettai's restructuring plan, allowing the Indian crypto exchange to resume operations and beg...
- A responsible recovery in the aftermath of an alarming cyberattackAmendments include fund distribution by Zanmai India. The Monetary Authority of Singapore addressed compliance. Voting is scheduled from Ju...
- CoinDCX declares $11 million bounty to recover crypto funds hackers stoleThe Recovery Bounty Programme will have a potential pool of up to $11 million. Per this initiative, up to 25% of any recovered funds from t...
- What should WazirX do to unlock trust?The WazirX cyberattack, which led to a $235 million loss, represents a critical "Crucible Moment" for the company. To regain trust, WazirX ...
- Building trust in the crypto industry should be a shared responsibilityIndia's IT sector grew due to government policies focused on skill development and investment, and similar regulatory support is needed for...
- WazirX’s Proposed Scheme of Arrangement: A Path to Recovery and Future Stability for UsersWazirX proposes a Scheme of Arrangement to recover $234 million lost in a cyberattack by North Korean hackers, aiming to redistribute asset...
- WazirX $230-million heist: Singapore court allows WazirX parent to hold meet with crypto usersThe firm had moved the court through an application on December 6, 2024, seeking permission to convene a meeting with creditors (users) to ...
- WazirX freezes first tranche of stolen funds worth USD 3 millionWazirX successfully froze $3 million in stolen assets from last year's cyberattack. Efforts spearheaded by founder Nischal Shetty aim to re...
- WazirX cyberattack: Delhi High Court seeks response from government and RBIThe Delhi High Court seeks responses from the government, RBI, and others on a petition for an investigation into a cyberattack on WazirX, ...
- Zettai seeks court approval for WazirX creditors meeting and scheme of arrangement“The proposed scheme of arrangement, filed in the court under the Companies Act 1967, prioritises creditors by outlining a structured roadm...
- Crypto chaos: WazirX hack leaves investors in financial turmoilA July 18 hack on cryptocurrency exchange WazirX wiped out $235 million, affecting 15 million investors. Victims face financial ruin, anxie...
- Hacker behind $234 million India crypto theft starts washing fundsThe perpetrator on Monday moved 2,500 Ether tokens worth about $6.3 million to Tornado Cash — a sanctioned service that blurs the origin of...
- WazirX parent looking for ‘white knights’ to rescue crypto exchange“There are several ideas from ‘white knights’ to collaborate … there are creative ways to do this rather than acquiring the platform (by a ...
- WazirX says FIR filed in $230 million security breachCrypto exchange WazirX on Tuesday said an FIR has been filed in the case of a $230 million security breach that happened at the platform la...
- WazirX Hack: Making customers pay 45% losses is utter nonsense, says Co-Founder of CoinDCXWazirX has decided to implement a "socialized loss" strategy following a major cyberattack that compromised nearly half of its user funds. ...
- WazirX faces flak over handling of $230-million crypto heistCryptocurrency platform WazirX suffered the biggest cyberattack on an Indian exchange, with hackers stealing more than $230 million worth o...
- WazirX's controversial solution to security hack: $230 million loss to be distributed among all customersIndia's WazirX crypto exchange faced a significant security breach, leading to a $230 million loss. To address this, WazirX will use a 'soc...
- FBI pings WazirX for info on attack by ‘North Korean hackers’Cryptocurrency platform WazirX suffered the biggest cyberattack on an Indian exchange, with hackers stealing more than $230 million worth o...
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