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2024-11-14 13:10:02
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decryptmedia.com on Nostr: decryptmedia.com ✍️ Delhi Police's Intelligence Fusion and Strategic Operations ...



✍️ Delhi Police's Intelligence Fusion and Strategic Operations (IFSO) division has arrested a man from West Bengal in connection with a massive cyberattack on WazirX, India's largest crypto exchange, which resulted in losses of approximately $235 million.
👉 WazirX, India's largest crypto exchange, was hacked, resulting in losses of approximately $235 million.
👉 The hack was carried out through external means, and investigators found no evidence of unauthorized access to WazirX's internal systems.
👉 The accused, SK Mausad Alam, allegedly facilitated the heist by opening a fraudulent account on the exchange and selling it to a third party.
👉 The investigation found that the hackers used a tactic called 'hot wallet draining' to gain access to WazirX's multisignature wallet.

#SKMausadAlam #MHasan #SouvikMondal #WestBengal #India #neutral #technology

https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2024/07/wazirx-logo-smartphone-crypto-exchange-scaled-gID_7.jpg@png
Investigators said they faced challenges obtaining critical data from Liminal Custody, the company securing the exchange’s cold wallets.
https://decrypt.co/291642/man-arrested-235-million-wazirx-hack

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