WazirX Suffers $230M Hack, North Korea Suspected

The Indian crypto exchange reports a security breach involving a multisig wallet, with stolen funds linked to North Korean hackers.

WazirX halted all withdrawals following the breach, which involved a multisig wallet using Liminal's infrastructure.
The stolen funds, including significant amounts of SHIB, ETH, and MATIC, were moved to a Tornado Cash-linked address.
Blockchain analysis by Elliptic and others points to North Korea's Lazarus Group as the likely perpetrators.
The hack has led to a significant drop in the value of WazirX's native token WRX and other cryptocurrencies on the platform.
Indian crypto exchanges assure their users of fund safety while monitoring for unusual activity.