New Delhi, August 6, 2024 — WazirX, one of India's leading cryptocurrency exchanges, has announced that an FIR (First Information Report) has been registered concerning the security breach on their multisig wallet. The FIR, filed under the provisions of the Information Technology (IT) Act and the Banking Norms & Standards (BNS), was officially lodged on August 5, 2024, at the PS Special Cell, PS Lodhi Colony, New Delhi, through the Intelligence Fusion & Strategic Operations (IFSO) unit of the Delhi Police.
The cyberattack, which targeted WazirX's multisig wallet, raised concerns among the platform's users and the broader cryptocurrency community. The company's proactive steps in filing a police complaint the day after the incident demonstrate their commitment to transparency and accountability. The FIR's registration marks a crucial step in the investigation process and aims to bring the perpetrators to justice.
In a statement addressing the situation, WazirX emphasized their cooperation with law enforcement agencies and their dedication to resolving the issue. "Just like all our customers, we too want the culprits of this theft to be caught and the funds recovered. We’re constantly working on progressing towards next steps and solutions. We’ll continue to do that," the statement read.
The company's swift response to the attack and subsequent filing of the FIR reflects their seriousness in addressing cybersecurity threats and protecting their customers' assets. WazirX also sought to dispel any misinformation, noting that the delay between the initial complaint and the FIR's registration is a standard procedural matter, not an indication of inaction or negligence.
As the investigation progresses, WazirX reassures its customers that they are working closely with the authorities to ensure a thorough and effective resolution. The cryptocurrency exchange remains committed to maintaining the highest security standards and keeping its community informed about the developments.
WazirX's incident underscores the importance of robust security measures in the rapidly evolving digital asset landscape. The company’s response serves as a reminder of the ongoing challenges in securing digital assets and the critical role of law enforcement and regulatory frameworks in addressing cybercrimes.
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