Wazirx: The cyber attack on cryptocurrency exchange Wazirx in July is being investigated by the country's top government agencies. Wazirx suffered a loss of Rs 2,000 crore ($234 million) in this cyber attack and now a large number of people who lost money in it are demanding their refund. According to reports, officials of the Financial Intelligence Unit (FIU) and the Indian Computer Emergency Response Team (CERT-In) met the top leadership of Wazirx and inquired about the hacking of crypto tokens.
43% of users suffer losses!
According to sources, the crypto exchange has provided the information sought by the government agencies and now the documents are being examined. Earlier, many legal experts in the country had said that this cybercrime committed at WazirX should be investigated. WazirX has admitted that 43 percent of its users may suffer losses due to this and most of them are Indians.
Video in discussion
Some reports last week said that in a YouTube live town hall session, the management claimed that 100 percent of the profits made from crypto would be shared with users in the future. However, this video was taken down. In the town hall session, WazirX co-founder Nischal Shetty and George Gwee, director of Kroll law firm that handled WazirX's restructuring after the hack, answered questions from affected users. According to Crypto Times, Gwee said in the video that 100 percent of the profits made due to the rise in crypto prices during the restructuring process would be shared. However, WazirX later made the video private.
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