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WazirX: The primary task is to recover non-liquid wallet assets and stolen assets

2024-12-19 21:41:31

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ChainCatcher message, Indian cryptocurrency exchange WazirX announced on the X platform an "update on non-liquid wallet assets and stolen assets": Recovering non-liquid wallet assets and stolen assets remains a top priority, and the team is actively exploring all possible avenues. For the stolen assets, Kroll has been hired to lead the forensic assessment, enhance platform security, and plan recovery strategies, which include:

  1. Tracking and freezing USDT balances with the support of law enforcement;
  2. Commissioning the preparation of a first-phase report to assess recovery potential;
  3. Possibly filing lawsuits against parties involved in the network attack and dispersing the stolen assets. To ensure complete transparency, a recovery report will be shared every 4 months under an effective plan, updating the scheme creditors on the latest progress.

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