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A showing @WazirX: India Ka Bitcoin Exchange's own misleading actions and security lapses

2024-08-02, TruthLabs
https://archive.md/4Ch1c
#WazirX #Cryptocurrency

Contents

A 🧵showing @WazirX: India Ka Bitcoin Exchange's own misleading actions and security lapses which most likely led to their Customers loosing over $230M in assets 👇

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1/18 🧵

On July 18th, 2024 @WazirX: India Ka Bitcoin Exchange's Multisig Account, which held over $230M in Customer Assets, was drained by what they claim to be an "unknown" hacker.

Below are the Top 33 assets drained from this account, which resided at address: 0x27fd43babfbe83a81d14665b1a6fb8030a60c9b4.

Three days after the exploit, @WazirX: India Ka Bitcoin Exchange offered 2 seperate Bounties in regards to this exploit. The first bounty of $10,000 was to Track and aid in Freezing of the assets. The second Bounty is for 10% of the ammount of funds recovered.

wazirx.com/blog/wazirx-bo…
Participate in our Bounty Program to help recover assets from the recent cyber attack.
wazirx.com/blog/wazirx-bo…
WazirX Bounty Program - Plan and Structure - WazirX Blog
What WazirX failed to do was offer any Bounty that aided in understanding …