The $230-million WazirX hack: regulatory gap leaves 4 million Indians stranded

The $230-million WazirX hack: regulatory gap leaves 4 million Indians stranded

About 4.2 million of WazirX’s 16 million users were struck by a massive hack of the cryptocurrency exchange on 18 July that wiped off 40-50% of their crypto balances. Most of those affected users were Indians. But in the month and half since the $230-million hack there has not been any legal or regulatory action … Read more