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Delhi police arrest key suspect in $235 million WazirX crypto breach – TON BOT

Delhi police arrest key suspect in $235 million WazirX crypto breach

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Delhi Police have arrested SK Masud Alam in connection with the $235 million breach of crypto exchange WazirX. Authorities have confiscated laptops and are investigating possible misuse of multisig wallets. WazirX has cooperated with providing data, while difficulties with Liminal, the asset custodian, hinder the investigation. WazirX has outlined fund recovery initiatives, including reopening the trading platform and launching new services to attract users and generate revenue for creditors. The exchange also plans to recover lost assets through legal channels and explore partnerships for rescue financing.

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