Now, FBI Reaches Out To WazirX On Alleged Crypto Heist By North Korean Cyber Criminals

Now, FBI Reaches Out To WazirX On Alleged Crypto Heist By North Korean Cyber Criminals

SUMMARY

FBI has reportedly reached out to the homegrown cryptocurrency exchange WazirX to probe the nature of a cyberattack allegedly involving North Korean hackers and to assist with the ongoing investigation

On July 18, WazirX experienced a major security breach, resulting in withdrawals of around $234.9 Mn during the early European hours

WazirX’s security breach affected one of its wallets, Safe Multisig, on the Ethereum network, leading to the loss of user funds

US intelligence agency Federal Bureau of Investigation (FBI) has reportedly reached out to the homegrown cryptocurrency exchange WazirX to probe the nature of a cyberattack allegedly involving North Korean hackers and to assist with the ongoing investigation.

While the company did not reveal the identity of the attackers, cofounder Nischal Shetty told ET, “We’re convinced it could be North Korea’s Lazarus Group.”

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