Tag Archives: 235M

Key Notes The US, Japan, and South Korea linked North Korea’s Lazarus Group for the WazirX $235 million hack. Other linked hacks include Upbit, Radiant Capital, and Rain Management. The countries are joining forces to impose sanctions on North Korea’s activities. On January 14, the United States, Japan, and South Korea jointly blamed North Korea’s state-backed hacking group, Lazarus, for …

Key Notes The WazirX recovery plan includes liquid assets of $566.4 million USDT, which exceeds the $546.5 million USDT in user claims. The exchange plans to return 75% to 80% of the account balances through token distributions, with initial payouts expected within 10 business days after court approval. The exchange will also repurchase recovery tokens periodically using profits from future …