Digital asset exchange WazirX has escalated its response to the devastating hack that resulted in the loss of over $230 million by filing a First Information Report (FIR) with the Delhi Police. The move comes amidst growing pressure from users demanding accountability and transparency following the incident.
The FIR, registered on August 5th, marks a significant step in WazirX’s pursuit of the hackers responsible for the cyberattack. The platform emphasized its commitment to recovering the stolen funds and bringing the perpetrators to justice.
“We believe in the due process of law and are cooperating fully with the investigating agencies,” said a WazirX spokesperson. “Our primary focus remains on protecting our users’ interests and safeguarding their assets.”
The hack, which occurred on July 18th, sent shockwaves through the crypto community. WazirX has faced intense scrutiny over its handling of the situation, with many users questioning the platform’s security measures and demanding compensation for their losses.
In a bid to appease its user base, WazirX had initially proposed a loss distribution plan. However, the plan was met with overwhelming backlash, forcing the exchange to reverse its decision.
The FIR filing is seen as a positive development by some users, who hope it will lead to the swift apprehension of the hackers. However, others remain skeptical, citing the delay in taking legal action as a cause for concern.
“It’s about time they filed an FIR,” said one user on social media. “But we need to see results. The hackers need to be caught and the stolen funds recovered.”
As the investigation unfolds, WazirX will be under intense pressure to provide updates on the progress made. The outcome of the case could have far-reaching implications for the crypto industry in India, highlighting the need for robust security measures and regulatory oversight.
