Tag: wazirx

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Summary To resume trading on its platform, WazirX is implementing a Singapore scheme of arrangement. Zettai Pte Ltd, which manages WazirX’s crypto assets, is also launching a new decentralized exchange (DEX) to support recovery efforts. This scheme aims to provide liquidity and additional recovery options to WazirX users through rebalancing and tokenization. Hacked cryptocurrency exchange […]

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Government Agencies Probe WazirX Hack Indian government agencies, including the Financial Intelligence Unit (FIU), are investigating a $235 million hack targeting WazirX, amid suspicions of insider involvement. The crypto exchange WazirX is working closely with authorities, such as the Financial Intelligence Unit, to address the $235 million theft from its wallet in July. Sources told […]