
America, Japan, and South Korea Announce Joint Operation to Recover WazirX’s Hacked Funds
In a breakthrough development, the governments of the United States, Japan, and South Korea have announced a joint operation aimed at recovering the hacked funds from India-based cryptocurrency exchange WazirX. This move comes in response to the massive cyberattack that occurred last year, where WazirX lost $235 million worth of cryptocurrencies.
The announcement follows recent reports suggesting that North Korean hackers, known as the Lazarus Group, were responsible for the heist. The authorities have launched a joint operation to track down and seize the stolen funds, with the ultimate goal of returning them to their rightful owners – WazirX’s customers.
This unprecedented move has been met with optimism by Nischal Shetty, CEO of WazirX, who expressed gratitude for the governments’ efforts. “I’m praying for the success of this joint operation,” Shetty tweeted. “That way, our team can return the funds to our customers.”
However, not everyone is pleased with the development. Several WazirX users have taken to social media to express their discontent and frustration towards Shetty, accusing him of being a scammer who has exploited loopholes in Indian and Singaporean laws to evade accountability.
Despite these criticisms, the authorities remain committed to their goal. The joint operation will involve a range of measures, including tracking down and seizing assets, as well as working with international law enforcement agencies to bring perpetrators to justice.
The move is also seen as an opportunity for the governments involved to demonstrate their commitment to combating cryptocurrency-related cybercrime and protecting users’ interests.
Source: bitcoinik.com