WazirX will issue recovery token RT to distribute the subsequent recovery amount
Editor
2024-12-19 22:03 9,958
Share to:
According to news on December 19, Indian crypto exchange WazirX released "Updates on illiquid wallet assets and stolen assets" on the X platform. WazirX wrote: "Recovering illiquid wallet assets and stolen assets remains a top priority, and the team is working Actively exploring all possible avenues. For the stolen assets, Kroll has been hired to lead the forensic assessment and strengthen platform security. and plan a recovery strategy, including: ① Tracking and freezing USDT balances with the support of law enforcement; ② Commissioning the preparation of a first-stage report to assess recovery potential; ③ Potentially targeting parties involved in cyber attacks and dispersing stolen assets Litigation. To ensure full transparency, under an active scheme, a recovery report will be shared every 4 months to update scheme creditors.”
According to previous news, WazirX released an asset rebalancing and distribution plan approved by creditors and approved by the court.