WazirX Townhall Meeting After Hack

This is a India news story, published by CoinGape, that relates primarily to Jason Kardachi news.

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WazirX Townhall Meeting Highlights: Security Plans, Recovery Attempts & More | CoinGape

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The WazirX townhall meeting was hosted by the Managing Director of the Restructuring Business , Jason Kardachi , Director George Gwee , and Zettai founder, Nischal Shetty .

This comes after the major crypto hack, losing $ 235 million from this Indian exchange.

The team is also proposing restructuring of the crypto balances under the Singapore Scheme of Arrangement (Scheme .) Restructure is being conducted in Singapore under a scheme of arrangements.

The WazirX townhall meeting revealed that the team has reached out to over 500 crypto exchanges to block some of the identified wallet addresses used in the hack.

Some of the funds are traced on third -party exchanges and are in the process of freezing.

The team has already registered an FIR in India and is coordinating with the cyber attacks crime team in India .

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