WazirX froze the first batch of stolen assets, worth approximately 3 million dollars
ChainCatcher news, according to Thehindu Businessline, the cryptocurrency exchange WazirX announced the freezing of the first batch of stolen assets worth approximately $3 million, six months after suffering a cyber attack. This means that the investigative agencies have identified the stolen funds, bringing the victims one step closer to recovering their assets. Previously, on July 18 last year, WazirX suffered a cyber attack that resulted in the theft of over $230 million in digital assets. On January 14, the United States, South Korea, and Japan issued a joint statement attributing the theft to North Korean hackers.Jason Kardachi, Managing Director of Kroll and Co-Head of Global Restructuring, who is responsible for the restructuring of WazirX, stated, "Through on-chain forensic work and legal avenues against third parties involved in the hacking and subsequent asset outflow, the company is fully prepared to maximize the recovery of stolen assets for the benefit of creditors under the plan."