Delhi Police Arrest Suspect in $230M WazirX Cryptocurrency Hack

Delhi Police have detained Masud Alam, linked to the $230M cryptocurrency theft from WazirX.

Hackers exploited a fraudulent account sold on Telegram to breach WazirX’s “hot” wallet, while attempts to access its “cold” wallet failed. Singapore-based Liminal Custody, responsible for securing WazirX wallets, has refused to cooperate with investigators.

WazirX stated the hack resulted from external deception, not internal vulnerabilities. Investigations continue.

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