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New Delhi, 19 August 2024. Weeks after cryptocurrency exchange WazirX suffered a cyber attack that led to the theft of over $230 million (Rs 2,000 crore) worth of digital assets from one of their Multisig wallets, they have acquired Mandiant Solutions, a Google subsidiary. WazirX engaged a cyber security firm to conduct a forensic analysis. As part of this investigation, one of their tasks was to determine whether any of the three laptops used by members of the WazirX team to conduct transactions had been compromised.
On August 14, Mandiant issued a report saying: While a detailed report is forthcoming, the findings generally indicate that the issue leading to the cyber attack originated from Liminal. The attacked wallet was managed using Liminal’s digital asset custody and wallet infrastructure. A spokesperson for WazirX said: “We have full faith in the investigating agency and will cooperate with them to the fullest extent. We are actively working to recover the stolen funds and we hope that the culprits will be brought to justice.”
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Disclaimer: Cryptocurrency is not legal tender and is currently unregulated. Please ensure that you carry out a sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information presented in this section does not represent any investment advice or the official position of WazirX. WazirX reserves the right, at its sole discretion, to modify or amend this blog post at any time and for any reason without prior notice.
