Indian police arrest main suspect in WazirX hacking
On November 14th, Indian police arrested SK Masud Alam, a resident of West Bengal, for his alleged involvement in the WazirX hack. Earlier this year, the hack resulted in over $230 million in cryptocurrency losses, with customers unable to withdraw their funds.
Alam is accused of creating a fake account under the name Souvik Mondal and selling it to the hackers via Telegram. The account was later used for illegal operations on the WazirX cryptocurrency exchange.
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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