Investigators froze $3M stolen from WazirX’s $230M hack. They blamed it all on North Korean hackers. Recovery efforts continue with blockchain forensics and legal action.
Six months after a massive cyberattack rocked WazirX, investigators have frozen $3 million in stolen cryptocurrency. The attack that went down on July last year, in India made hackers a massive $230 million in digital assets.
This $3M recovery milestone gives a glimmer of hope to victims, signaling progress in the hunt to reclaim their stolen funds. Zettai Pte Ltd, WazirX’s parent company, has teamed up with law enforcement, forensic experts, and legal teams to track down the cash.
In a major twist, a joint statement from the U.S., South Korea, and Japan pinned the attack on North Korean hackers. Yup, DPRK cybercriminals are getting the blame.
WazirX founder Nischal Shetty is fired up, calling this recovery “just the beginning.” The company’s game plan is all about relentless effort to maximize fund recovery.
Jason Kardachi, from restructuring experts Kroll, broke it down: blockchain forensics plus legal actions are key tools to recover more of the stolen loot.
But let’s be real—chasing crypto thieves, especially international ones, is like solving a puzzle with missing pieces. The mission isn’t over, but at least the fight’s on.
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