Million

WazirX

Coin

<ul class="wp-block-list news-points"> 
 <li>SK Masud Alam has been arrested for alleged connection with WazirX exploit.</li> 
 <li>A chargesheet stated that Alam set up a fake account on WazirX.&nbsp;</li> 
 <li>Alam then sold the fake account to M Hasan on Telegram, who carried out the hack.</li> 
</ul> 
The Delhi Police in India <a href="https://www.indiatoday.in/india/story/delhi-police-bengal-man-arrested-crypto-cyberattack-fake-account-wazirx-liminal-custody-chargesheet-2633006-2024-11-13" target="_blank" rel="nofollow">arrested a suspect</a> in connection with the $230 million hack of Indian cryptocurrency exchange, WazirX. The suspect, SK Masud Alam, is accused of creating a fake account used in the July cyberattack. This arrest marks a significant development in the ongoing investigation. Authorities believe Alam created the account under a false name and then sold it to another individual who executed the hack. 
As per a chargesheet filed by the Delhi Police, Alam is suspected of creating a new account on WazirX under the name Souvik Mondal. The authorities believe that the suspect then sold the account to another individual, M Hasan, who is considered to be the person who carried out the actual cyberattack on the Indian crypto exchange.&nbsp; 
The chargesheet also highlighted the non-cooperation of Liminal Custody, an institutional digital asset custody platform, which was responsible for securing WazirX’s wallets. The investigation…
The post <a href="https://coinedition.com/wazirx-hack-indian-authorities-arrest-suspect-in-230-million-theft/">WazirX Hack: Indian Authorities Arrest Suspect in $230 Million Theft</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

WazirX Hack: Indian Authorities Arrest Suspect in $230 Million Theft

Coin Edition

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