Indian crypto exchange WazirX has reaffirmed its commitment to recovering non-liquid wallet assets and stolen funds. In an update shared on the X platform, the exchange highlighted its proactive efforts, led by Kroll, to enhance platform security and devise recovery strategies.
Key recovery measures include:
Collaborating with law enforcement agencies to trace and freeze USDT balances linked to thefts.
Preparing a comprehensive forensic report to evaluate the recovery potential of stolen assets.
Considering legal actions against individuals or entities involved in cyberattacks and asset dispersal.
To ensure transparency, WazirX plans to release a recovery progress report every four months, providing creditors with regular updates on the status of recovery efforts.