WazirX Launches Bounty Program to Recover $235 Million in Stolen Cryptocurrency Assets

In response to a significant cyberattack, WazirX, one of India’s leading cryptocurrency exchanges, has launched a bounty program aimed at freezing and recovering stolen assets. The exchange detailed several immediate actions in a post on X, including filing a police complaint and reporting the incident to the Financial Intelligence Unit (FIU) and CERT-In. WazirX’s co-founder, Nischal Shetty, also posted separately, stating that the exchange is contacting over 500 other exchanges to block the identified addresses linked to the stolen funds. “Cooperation from these exchanges is crucial as the stolen assets move through various platforms,” Shetty emphasized. To incentivize the freezing

Source: CryptoIntelligence