I am not able to sleep either…”WazirX’s co-founder said – Rs 1,965 crore lost in hackers’ attack

WazirX co-founder Nischal Shetty said that he is neither able to sleep nor eat properly since the hackers stole Rs 1,965 crore.

Crypto exchange WazirX co-founder Nischal Shetty recently told on social media platform ‘X’ that he is neither able to sleep nor eat properly since hackers stole Rs 1,965 crore. Nischal Shetty said that at this time his whole effort is going on taking the next step and he is busy assessing the loss.

He tweeted, “This is a tough time for everyone. I have been unable to sleep or eat since the incident, but it doesn’t matter. Our customers matter and we understand that. We are working tirelessly on the next steps. We need more time to find a solution to the problem of stolen assets. We will keep you updated on a regular basis during this difficult time. Keep up your courage”

We are preparing to announce a bounty for help in freezing/recovering stolen assets.

Further discussions on continued tracing of fund activities, we are in touch with some teams that claim to be experts in this matter.

We have informed all other exchanges. Some have responded, some have not yet. We are following up. Their support will be crucial in the recovery of stolen funds during the transfer.

Analyzing data to understand the extent of damage.

Working on further law enforcement and regulatory processes.

He added, “I am telling you about the steps we are taking. Eventually we want to resolve the impact on customer funds, but we have to analyze all the data first before planning the next step. This is an unprecedented attack on one of the largest crypto exchanges in India. It has negatively impacted the entire Web3 ecosystem. I am grateful to everyone in the ecosystem who is lending their support to help us resolve this.”

He further added, “As we plan ways to resolve this, we will need support and help from the entire ecosystem. If we come together as an ecosystem, we can find a solution that will help us keep the ethos of the Web3 communities alive and bring hope to participate in the future of this ecosystem. As we go through this unprecedented time, help is expected from everyone in the community.”

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