#WazirX to reverse trades after $235M crypto hack
The Indian cryptocurrency exchange WazirX is planning to restore the balances of all platform accounts following the halt of withdrawals caused by a $235-million hack in July 2024.
WazirX officially announced on Aug. 8 that the platform will undo all trades carried out after the withdrawal suspension on July 18.
“All users will have their portfolio balances on the WazirX platform restored to what they were on July 18, 2024,” the announcement said, adding that the account recovery will be conducted over the next few days. Affected users will receive an email notification on the affected trades.
