Indian Authorities Arrest Key Suspect in WazirX Crypto Hack

Quick Summary:

The arrest of SK Masud Alam, a resident of West Bengal, by the Delhi Police in relation to the ₹2,000 crore hack on cryptocurrency exchange WazirX is a significant development.

Because of their suspicion that Alam is involved with a broader network of cybercriminals, the police have not stopped investigating his links.

Users are unable to withdraw funds and are stuck in a limbo post the hack, with legal remedies not yielding any positive results.

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Article Details

Author / Journalist: Shanawaz

Category: Crypto

Markets: United Arab EmiratesIndia

Topics: Exchange News WazirX Exchange

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 22:16:26 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 349 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 23579640

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 13 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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