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Tag: Tense

Exposed: WazirX Faces Tense Battle Over Right to $230 Million Hacked Crypto

Exposed: WazirX Faces Tense Battle Over Right to $230 Million Hacked Crypto

In the ever-evolving landscape of cryptocurrency security, a recent spotlight has been cast on the dynamics between two notable entities in the digital currency realm, following a significant security breach This incident, involving a $230 million hack, has led to a series of exchanges between WazirX founder Nischal Shetty and Liminal Custody, underlining the complexities of cybersecurity and responsibility in the crypto world Liminal Custody's Official Response In light of statements made by Nischal Shetty concerning the Mandiant audit report, Liminal Custody has stepped forward to clarify its stance and address the accusations head-on The primary contention from Liminal revolves around the transparency and scope of the audit conducted by WazirX They highlight an essential fact; only one out of the six keys to the multi-signature wallet implicated in the breach was managed by Liminal, leaving the remaining keys under WazirX's control...

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