{"id":147034,"date":"2025-01-18T22:00:03","date_gmt":"2025-01-18T20:00:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=147034"},"modified":"2025-01-17T23:18:38","modified_gmt":"2025-01-17T21:18:38","slug":"wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/","title":{"rendered":"WazirX Freezes $3M in Stolen Funds as Recovery Efforts Advance"},"content":{"rendered":"<p>The breach, which occurred in July 2024, affected 45% of the exchange\u2019s reserves and prompted a multi-pronged recovery and restructuring effort.<\/p>\n<p>Initial investigations focused on stolen ERC-20 tokens, with analysts tracking $50 million laundered through Tornado Cash, including a significant $10 million transfer in late September.<\/p>\n<p>In August, WazirX\u2019s parent company, Zettai Pte Ltd, secured a four-month moratorium from the Singapore High Court to restructure its liabilities. During this period, rival exchange CoinSwitch filed a lawsuit over $9.7 million in frozen funds.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/russian-worker-sentenced-for-funding-ukraines-military-using-cryptocurrency\/\" title=\"Russian Worker Sentenced for Funding Ukraine\u2019s Military Using Cryptocurrency\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/10\/EPRS-AaG-698853-Russia-Ukraine-December-2021-FINAL-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Russian Worker Sentenced for Funding Ukraine\u2019s Military Using Cryptocurrency<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>As part of its recovery efforts, WazirX announced plans to disclose 240,000 wallet addresses and balances, aiming to rebuild transparency. Meanwhile, a joint statement from the U.S., Japan, and South Korea attributed the hack to North Korea\u2019s Lazarus Group, alleging the stolen funds were used to support illicit weapons programs.<\/p>\n<p>Ranking as the third-largest crypto hack of 2024, the WazirX breach underscores the growing threat of cyberattacks in the digital asset space. Despite setbacks, the exchange plans to resume trading operations by February 2025, signaling a commitment to restoring trust and stability.<\/p>\n<p><em><strong><a href=\"https:\/\/decrypt.co\/301538\/wazirx-freezes-3-million-hack\">Source<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Months after a $230 million security breach, Indian crypto exchange WazirX has taken a major step forward by freezing $3 million in stolen USDT.<\/p>\n","protected":false},"author":7,"featured_media":31004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-147034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WazirX Freezes $3M in Stolen Funds as Recovery Efforts Advance<\/title>\n<meta name=\"description\" content=\"Months after a $230 million security breach, Indian crypto exchange WazirX has taken a major step forward by freezing $3 million in ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WazirX Freezes $3M in Stolen Funds as Recovery Efforts Advance\" \/>\n<meta property=\"og:description\" content=\"Months after a $230 million security breach, Indian crypto exchange WazirX has taken a major step forward by freezing $3 million in ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptodnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-18T20:00:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/wazirx.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Kosta Gushterov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kosta Gushterov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/\",\"name\":\"WazirX Freezes $3M in Stolen Funds as Recovery Efforts Advance\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/wazirx.png\",\"datePublished\":\"2025-01-18T20:00:03+00:00\",\"author\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a\"},\"description\":\"Months after a $230 million security breach, Indian crypto exchange WazirX has taken a major step forward by freezing $3 million in ...\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/wazirx.png\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/wazirx.png\",\"width\":1200,\"height\":675},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"Cryptodnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a\",\"name\":\"Kosta Gushterov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g\",\"caption\":\"Kosta Gushterov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/kosta-gushterov\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"WazirX Freezes $3M in Stolen Funds as Recovery Efforts Advance","description":"Months after a $230 million security breach, Indian crypto exchange WazirX has taken a major step forward by freezing $3 million in ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/","og_locale":"en_US","og_type":"article","og_title":"WazirX Freezes $3M in Stolen Funds as Recovery Efforts Advance","og_description":"Months after a $230 million security breach, Indian crypto exchange WazirX has taken a major step forward by freezing $3 million in ...","og_url":"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/","og_site_name":"Cryptodnes EN","article_published_time":"2025-01-18T20:00:03+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/wazirx.png","type":"image\/png"}],"author":"Kosta Gushterov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kosta Gushterov","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/","url":"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/","name":"WazirX Freezes $3M in Stolen Funds as Recovery Efforts Advance","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/wazirx.png","datePublished":"2025-01-18T20:00:03+00:00","author":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a"},"description":"Months after a $230 million security breach, Indian crypto exchange WazirX has taken a major step forward by freezing $3 million in ...","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/wazirx-freezes-3m-in-stolen-funds-as-recovery-efforts-advance\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/wazirx.png","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/wazirx.png","width":1200,"height":675},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"Cryptodnes EN","description":"Crypto News, Bitcoin Analysis and More","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a","name":"Kosta Gushterov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g","caption":"Kosta Gushterov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/kosta-gushterov\/"}]}},"modified_by":"C0323492922","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/147034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=147034"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/147034\/revisions"}],"predecessor-version":[{"id":147035,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/147034\/revisions\/147035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/31004"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=147034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=147034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=147034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}