#WazirX Recovers $3 Million in Stolen Assets#

Six months after suffering a cyberattack, crypto exchange WazirX has announced the freezing of the first batch of stolen assets, worth approximately $3 million. This signifies that investigative agencies have identified a portion of the stolen funds, bringing victims one step closer to recovering their assets. On July 18th last year, WazirX was hit by a cyberattack, resulting in the theft of over $230 million in digital assets. The United States, South Korea, and Japan issued a joint statement on January 14th, attributing the theft to North Korean hackers. Through on-chain forensic work and legal avenues targeting third parties involved in the hacking and subsequent asset movement, WazirX has been diligently preparing to maximize the recovery of stolen assets, benefiting the creditors under the plan. The frozen $3 million is merely a fraction of the stolen assets, and WazirX will continue its efforts to recover the remaining stolen funds.