The exchange is actively working with authorities to address the incident and update users on their progress.<\/p>\n
On August 5, WazirX confirmed<\/a><\/strong> that the FIR was registered under the BNS and IT Act at a New Delhi police station. The report follows an earlier complaint about the cyberattack on their multisig wallet, which led to the theft of over $230 million<\/a><\/strong>.<\/p>\n The exchange has reassured users that it is cooperating with law enforcement and other agencies to recover the stolen assets and bring those responsible to justice. In response to criticism, WazirX has abandoned its plan to distribute the financial losses among users and is focused on enhancing security measures.<\/p>\n