According to BlockBeats, on July 20, Nischal Shetty, co-founder of Indian cryptocurrency trading platform WazirX, posted on social media that “the WazirX team is actively working on the next steps, including:
1. A bounty program is being prepared to help freeze/recover stolen assets;
2. For further discussion on the continued tracking of fund flows, several teams claiming to be experts in this area have been contacted;
3. All other exchanges have been notified. Some have responded, some have not yet responded. The WazirX team is following up. With the stolen funds being moved, their support is critical to recovering the funds;
4. Analyze the data to understand the extent of the damage;
5. Further improve law enforcement and regulatory procedures.
