Golden Finance reported that the crypto exchange WazirX released preliminary findings of the cyberattack on the X platform, saying that one of its multi-signature wallets suffered a cyberattack and lost more than $230 million in funds. Since February 2023, the wallet has been operating using Liminal's digital asset custody and wallet infrastructure services. Regarding the wallet configuration and attack mechanism, the wallet has six signers - five from the WazirX team and one from Liminal, who are responsible for transaction verification. A transaction usually requires approval from three WazirX signers (all of whom use Ledger hardware wallets for security), and then final approval by Liminal's signer. To enhance security, WazirX also implemented a policy of whitelisting destination addresses. These whitelisted addresses are marked and set by Liminal on the interface, so the WazirX team has the ability to initiate transactions to these whitelisted addresses. Regarding the nature of the cyberattack, the cyberattack originated from the difference between the data displayed on the Liminal interface and the actual transaction content. At the time of the attack, the information displayed on the Liminal interface did not match the actual signed content, so it is suspected that the attacker replaced the payload to control the wallet. WazirX said, "This is a force majeure event beyond our control, but we are working tirelessly to track and recover the funds. We have blocked several deposits and contacted the relevant wallets for recovery. We are working with the best resources to help us complete this task. While this is the result of our initial investigation, we will continue to provide further updates."