Liminal questions WazirX’s allegations and stresses that only the WazirX team can execute transactions involving itself

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Cointime2024/10/22 13:29

By:Cointime

while undergoing debt restructuring after being hacked, WazirX's digital custody partner Liminal has issued a statement addressing the so-called security vulnerability issue. On October 22, Liminal released an update in response to WazirX's "false propaganda activities" and clarified some information about its role in the incident.

The statement stated that despite accusing Liminal of causing $235 million in irregularities in July, WazirX still continues to use its digital custody service, holding over $175 million in assets on its platform. Liminal emphasized that it cannot initiate transactions involving WazirX funds and stated that only the WazirX team has the ability to execute such transactions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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