WazirX Hack: The Question Everyone Wonders: Will Investors Get Their Money Back?

India's cryptocurrency exchange WazirX faced a major security breach this week. It led to the loss of over $230 million in crypto assets, including $SHIB , $ETH , $PEPE , #MATİC and others.

The use of Tornado Cash by abusers has further complicated the situation. WazirX is currently working with more than 500 exchanges and the FIU of India to resolve the issue. The exchange has promised that all funds will be recovered as soon as possible.

In another update on the attack, WazirX stated that they were working with forensic experts and law enforcement. They aim to track stolen funds and identify perpetrators. They also received support from the crypto community. Therefore, there are many individuals and organizations offering assistance in the fund recovery process.

Despite these efforts, the nature of the cyber attack and the use of mixing services such as Tornado Cash make the recovery of stolen assets a challenging task. However, the majority of the stolen funds are still in the hacker's wallet, converted into Ethereum.