🚀 Big news in the crypto world! WazirX is under the microscope after a $235M heist on July 18. Indian authorities are on the case, working closely with the exchange to uncover the breach details. Despite the setback, WazirX is taking proactive steps, including forming a Committee of Creditors by Oct 9 to help restructure and recover assets. 💪
With cooperation from other crypto exchanges and potential capital injections, WazirX aims to return up to 55% of assets to affected users within six months. Stay optimistic, the crypto world is resilient! 🌐 #CryptoNews #Blockchain