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How India's Biggest Crypto Theft Worth Rs 2,000 Crore Was Executed

How India's Biggest Crypto Theft Worth Rs 2,000 Crore Was Executed

NDTV
Saturday, August 10, 2024 03:25:02 AM UTC

Pelorus Technology and Crystal Intelligence help us understand how the theft of this scale was executed from wallets that are secured with multi-level authentication.

In what has been the biggest crypto theft in India so far, cryptocurrencies worth nearly Rs 2,000 crore, or $230 million, were stolen from a wallet linked to the WazirX exchange last month. As thousands of people lost crores, WazirX reported the incident to the central cybercrime portal, Financial Intelligence Unit, and the Indian Computer Emergency Response Team. A police case was also registered in Delhi.

Pelorus Technology and Crystal Intelligence, digital forensics firms that help in probing major cyber and crypto irregularities, help us understand how the theft of this scale was executed from wallets that are secured with multi-level authentication.

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