WazirX Cyber Attack Sparks Major Police Investigation!

Key Points:

• WazirX’s multi-signature wallet suffered a cyber attack, prompting a police case filed on August 5, 2024.
• The Intelligence Fusion and Strategic Operations Department (IFSO) at the Special Group Police Station in New Delhi handles the case.
• WazirX is working to recover stolen funds and has pledged full cooperation with the ongoing investigation.

On August 5, 2024, WazirX, one of India’s largest cryptocurrency exchanges, filed a police complaint regarding a substantial WazirX cyber attack on its multi-signature wallet.

The police case was formally registered under the BNS and IT Acts at the Special Group Police Station in Lodhi Colony, New Delhi. The Intelligence Fusion and Strategic Operations Department of Delhi Police handles this case.

WazirX cyber attack occurred through the infiltration of the WazirX multi-signature wallet, thus raising much concern regarding the safety of digital assets on its platform. The incident triggered an immediate response from the police and WazirX’s internal security team.

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Delhi Police Launch Investigation into WazirX Cyber Attack

WazirX has publicly expressed its confidence in the investigation process and confirmed its determination to leave no stone unturned to cooperate with law enforcement departments to the fullest. The company is grinding its gears in its efforts to recover the lost funds and welcomes the arrest of the perpetrators behind the attacks. The timely proactive measures taken by the exchange assure a commitment to the security of users’ assets and transparency throughout the investigation.

WazirX cyber attack has once more raised security issues within the cryptocurrency space and emphasized the call for strong protection measures. The move to report the incident in time and to fully cooperate with the Delhi Police is demonstrative of the very serious view taken toward cyber threats and user protection at WazirX.