CoinSwitch Sues WazirX Over $230M Hack, User Funds Safe

Quick Summary:

CoinSwitch, a major Indian cryptocurrency platform, is suing WazirX, another big Indian crypto exchange, over a $230 million cyberattack.

CoinSwitch says it has tried multiple times to get the funds back, but hasn’t been successful, so they are taking legal action.

In a recent series of posts, CoinSwitch explained the situation and assured users their […]

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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets: IndiaSingapore

Topics: WazirX Market News Market News Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-28 @ 17:00:00 (4 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 150 words

Reading Time: 1 minutes read

Sentences: 55 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22292216

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 4 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

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