WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit
Summary
WazirX filed a police complaint after a $230 million hack and reported the incident to CERT-In. The exchange plans to trace stolen funds, recover assets, and collaborate with experts and law enforcement. The next step may involve a First Information Report (FIR) and scrutiny of WazirX's operations. With no specific crypto regulation in India, industry experts call for clear regulatory expectations. Other exchanges, like CoinDCX, have offered support. India's crypto advocacy body did not respond.
