In response to the $230 million hack, WazirX has filed a formal complaint with the police and is considering additional legal action to bring those responsible to justice.

- The incident has been reported to the Financial Intelligence Unit of India (FIU) and the Indian Computer Emergency Response Team (CERT-In).

- WazirX contacted more than 500 exchanges to block compromised addresses.

- We are cooperating with forensic experts and law enforcement agencies to investigate and recover stolen funds.

Analysts link the attack to North Korean hackers who exchanged stolen assets for Ether.

Experts emphasize the need for clear regulation of cryptocurrencies to protect retail investors.