PANews reported on July 19 that Indian cryptocurrency exchange WazirX posted on the X platform that after responding to the cyber attack, WazirX has reported the case to the police and taken additional legal action, and will continue to provide the community with the latest progress.
Immediate Actions: The company has reported the incident to the Financial Intelligence Unit (FIU) and the Indian Computer Emergency Response Team (CERT-In) and has contacted over 500 exchanges to block the identified addresses. Many exchanges are cooperating and WazirX is also actively working with them to provide additional resources to assist in recovery efforts.
The action plan includes tracing the stolen funds, recovering customer assets, and conducting a deeper analysis of the cyberattack. WazirX is working with forensic experts and law enforcement agencies to identify and arrest the perpetrators.
