North Korea Behind $235 Mn WazirX Hack: US, Japan & South Korea

North Korea Behind $235 Mn WazirX Hack: US, Japan & South Korea

SUMMARY

The US, Japan and South Korea attributed the theft at WazirX last year to to the DPRK (North Korea)

Reacting to the announcement, WazirX cofounder Nischal Shetty called for swift international action and support to recover the crypto exchange’s stolen assets

In July 2024, WazirX was hit by India’s largest crypto heist and $235 Mn worth of cryptocurrencies was stolen from one of its wallets hosted on Liminal

The US, Japan, and South Korea, in a joint statement, have blamed state-backed North Korean hackers for the $235 Mn hack at Indian cryptocurrency exchange WazirX last year.

The trio attributed the WazirX hack to Democratic People’s Republic of Korea (DPRK), based on detailed “industry analysis”.

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