Following a recent hack of the cryptocurrency exchange WazirX, X users have expressed concerns about a scam email circulating. The exchange lost approximately $235 million in assets due to a security breach in one of its wallets. In response, scammers are attempting to take advantage of the situation by posing as WazirX and offering compensation through a new token called WZA. However, vigilant users like Aditya Chakraborty have identified the email as fake. CEO Sumit Gupta of CoinDCX advised users to verify the authenticity of emails and website links. WazirX CEO Nischal Shetty outlined steps being taken to recover the stolen assets, including a bounty program to freeze and retrieve the funds. The exchange is collaborating with experts and other platforms to track the stolen assets and comply with regulatory procedures before launching the bounty program. Read more AI-generated news on: https://app.chaingpt.org/news