A recent development in the WazirX hacking incident has brought a new twist to the story. A Crypto X user, who is dedicated to helping WazirX customers recover their lost funds, has traced a link between Binance and WazirX in connection with the hack. This user discovered that the hacker received 9.2 ETH from a Binance account just a day before the hacking incident took place.
WazirX, a popular Indian crypto exchange, was the victim of a massive hack two months ago, resulting in the loss of approximately $230 million worth of cryptocurrencies. Since then, the exchange has suspended its services, and the leadership has filed a moratorium application in a Singapore court to protect the exchange from legal repercussions.
The Crypto X user pointed out that Binance’s KYC verification system is more robust than WazirX’s, indicating that there is a possibility of obtaining crucial information about the hacker from Binance. The user has called on the Binance team to provide essential details related to the hacker and assist WazirX in identifying the perpetrator.
The news of this link between Binance and the WazirX hacker has caused a stir in the Indian crypto community. Aditya Singh, a prominent crypto influencer, has also shared similar findings and urged crypto security experts to investigate further.
It remains to be seen how Binance will respond to these revelations, especially considering the ongoing dispute between Binance and WazirX regarding the ownership of the latter. This development adds another layer of complexity to the already convoluted situation surrounding the WazirX hack.
As the story continues to unfold, it is essential for crypto investors to stay vigilant and take necessary precautions to secure their assets. Binance has recently issued warnings about rising global malware threats, emphasizing the importance of implementing robust security measures to protect crypto transactions.
The situation between Binance, WazirX, and the hacker remains fluid, and stakeholders are eagerly awaiting further updates on this intriguing development. Stay tuned for more updates on this evolving story.