🚨 BREAKING: WazirX Hack Suspect Arrested!

Delhi Police have apprehended a Bengal man, SK Masud Alam, in connection with the devastating #WazirX hack. This individual is suspected of creating a fake account on WazirX, which he sold via Telegram to another party who allegedly used it to execute the cyberattack. 💸

The arrest marks a significant step in the ongoing investigation into the theft of approximately $230 million from the #crypto exchange. 🚨

Additionally, Liminal Custody, the digital asset custody service involved in securing WazirX's wallets, has come under scrutiny for allegedly failing to cooperate with the authorities. Their lack of responsiveness has raised serious concerns about their #security protocols. 🔒

The investigation continues with the Delhi Police delving into the complex network of transactions to trace the funds. Meanwhile, the crypto community is eagerly waiting for updates on how WazirX plans to address the massive loss and ensure the refund of affected users' assets. 💰