WazirX, an Indian cryptocurrency exchange, has received approval from a Singapore court to implement a recovery scheme for customers affected by a $235 million hack attributed to North Korea's Lazarus Group. The scheme is expected to allow users to recover up to 80% of their stolen funds. This development comes as part of ongoing efforts to address the fallout from the cyber incidents that have targeted various sectors worldwide, highlighting the challenges posed by state-backed hackers evading global accountability.
šØ JUST IN: WazirX India has received approval from a Singapore court to compensate victims of the $235 million hack https://t.co/0CSkOyLw24
So folks, the @WazirXIndia announcement has been sent to the media confirming our report and here are some updates from what they said - https://t.co/y0eyU4St4B https://t.co/J0MQ6wF4oI
šØJUST IN: @WAZIRXINDIA SECURES APPROVAL FROM SINGAPORE COURT TO REPAY VICTIMS OF THE $235M HACK