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WazirX and Liminal Custody Blame Each Other for $230 Million Crypto Hack

WazirX and Liminal Custody Blame Each Other for $230 Million Crypto Hack

CointimeCointime2024/07/19 15:33
By:Cointime

Indian crypto exchange WazirX and digital asset custody service Liminal Custody are blaming each other for the $230 million exploit that occurred after three WazirX wallets were breached. WazirX claims that a discrepancy on Liminal's interface triggered the loss, while Liminal denies any breach in its infrastructure and says that all wallets remain safe. The stolen funds account for over 45% of WazirX's $500 million holdings, and security firm Elliptic believes that North Korean hackers are behind the hack. WazirX has filed a police report and engaged with the Indian Computer Emergency Response Team.

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