In the wake of the recent $235 million hack, WazirX co-founder and CEO Nischal Shetty has clarified growing concerns about the exchange's operations and ownership. Responding to questions on social media, Shetty revealed that he was still "running the exchange on behalf of [the owners] until the dispute is resolved". When asked how trading is managed and how the exchange might withdraw...
Arkham wrote on X that the reward for the $235 million attack on WazirX has been resolved by on-chain detective ZachXBT. ZachXBT submitted clear evidence that the attackers used KYC-linked deposit addresses to obtain funds from the WazirX vulnerability. This met one of the criteria for the bounty - "identifying KYCCEX deposits".
Arkham is offering a $235 million Bounty for the WazirX Stolen Attack, which will reward contributions such as identifying KYC CEX deposits, uncovering the attackers, and successfully recovering funds. Any information submitted by participants will be shared with the WazirX team.