WazirX


Policy

Indian Crypto Exchange CoinDCX Denies Moving User Funds After WazirX Allegations

CoinDCX's CEO, Sumit Gupta, refuted allegations of moving user funds to non-compliant entities in Lithuania.

Indian flag (Naveed Ahmed/Unsplash)

Markets

WazirX's Restructuring Plan Declined by Singapore Court, Hacked Indian Exchange Says

Creditors were banking on a promise to have their funds distributed in April 2025. That shifted further and now looks to be in indefinite territory again.

WazirX CEO Nischal Shetty (WazirX)

Markets

WazirX to Get Day in Court Next Month, With Payouts After 10 Days If Recovery Plan is Approved

The exchange has wrapped up all prep work for the hearing, where the court will decide on approving WazirX’s restructuring and user compensation plan.

court, gavel

Markets

WazirX Offers 85% of Stolen User Funds as Rebalancing Ends

Fund distribution will begin if creditors approve the plan, bringing partial money recovery for victims of the $230 million hack that hit the Indian crypto exchange in July.

(Shutterstock)

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Markets

WazirX Tells Creditors Accept New Scheme or Wait Until 2030 for Refunds From $230M Hack

The aftermath of an attack on India’s once-largest crypto exchange continues to brew.

Credit: Shutterstock

Policy

Singapore Court Grants WazirX Four-Month Conditional Moratorium

WazirX, which lost $234 million in a hack, had filed an application with the Singapore High Court for a six-month moratorium.

WazirX CEO Nischal Shetty (WazirX)

Finance

WazirX Hacker Is Almost Done Laundering $230M Stolen Funds

On-chain data shows the hacker, or hacker group, behind the massive theft has almost completed laundering the stolen funds.

(Alpha Rad/Unsplash)

Finance

WazirX Hacker Moves $32M Stolen Ether in Four Days to Tornado Cash as Binance Denies Founder’s Claims

WazirX founder Nischal Shetty claimed earlier this month that the ultimate owner of the crypto exchange was Binance - a statement the latter has denied.

(Alpha Rad/Unsplash)

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Videos

Will Bitcoin Skyrocket If Trump Returns to Office?; WazirX Hacker Moves Stolen Funds to Tornado Cash

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Bernstein research report says that bitcoin is expected to reach new highs later this year if former President Donald Trump returns to the oval office. Plus, WazirX hacker has moved stolen ether to Tornado Cash, and Binance's Indonesia subsidiary has won a full license in the country.

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Markets

WazirX Hacker Starts to Move Stolen Ether Using Tornado Cash

The Indian crypto exchange was hacked for over $230 million in July, and a restructuring process is underway in Singapore.

(Alpha Rad/Unsplash)

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