#WazirX freezes stolen assets#

Six months after suffering a cyberattack, crypto exchange WazirX has announced the freezing of the first batch of stolen assets, worth approximately $3 million. This marks a step forward for victims as investigators have identified the stolen funds, bringing them closer to recovering their assets. On July 18 last year, WazirX was targeted by a cyberattack, resulting in the theft of over $230 million in digital assets. On January 14, the United States, South Korea, and Japan released a joint statement attributing the theft to North Korean hackers. WazirX stated that through on-chain forensics and legal avenues against third parties involved in the hacking attack and subsequent asset movement, the company is well-equipped to maximize recovery of stolen assets for the benefit of planned creditors. While only $3 million has been recovered so far, this development indicates that WazirX is actively taking steps to recover stolen assets and advocate for victims' rights.