{"investigation":{"slug":"wazirx-india","entity_name":"WazirX (India)","trust_score":42,"severity_base":null,"score_modifier":45,"confidence":0.82,"status":"draft","content_type":"investigation","summary":"WazirX is an Indian cryptocurrency exchange founded in 2018 by Nischal Shetty, Sameer Mhatre, and Siddharth Menon and operated by Zanmai Labs Pvt Ltd (India) and its Singapore parent Zettai Pte Ltd. The exchange suffered a catastrophic $234.9 million hack on July 18, 2024 attributed by a joint US-Japan-South Korea government statement to North Korea's Lazarus Group, causing a 16-month operational shutdown; the Singapore High Court approved a restructuring scheme in October 2025 under which users began receiving approximately 85% of pre-hack balances, with remaining claims represented by non-tradable Recovery Tokens as of mid-2026. Separately, India's Enforcement Directorate has pursued the exchange under FEMA and money-laundering provisions since 2021, and a disputed ownership relationship with Binance remained unresolved at the time of the hack.","sections":[{"content":"WazirX was founded in March 2018 by Nischal Shetty, Sameer Mhatre, and Siddharth Menon. The exchange operates through two corporate entities: Zanmai Labs Pvt Ltd, incorporated in India in 2017, which runs the domestic exchange; and Zettai Pte Ltd, incorporated in Singapore in January 2019, which serves as the parent entity and handled crypto trading operations after the Reserve Bank of India restricted crypto transactions. By January 2022 WazirX claimed 60–70% of Indian crypto exchange market share and approximately 16 million users. WRX, its native token, briefly reached a billion-dollar valuation in April 2021. The exchange listed 350+ tokens and offered WRX holders a 50% trading fee discount.","heading":"Overview and Corporate Structure","sources":[{"url":"https://www.cnbc.com/2021/07/07/wazirx-nischal-shetty-built-indias-largest-crypto-trading-exchange.html","name":"CNBC: WazirX — Nischal Shetty built India's largest crypto trading exchange","type":"news_article","credibility":1},{"url":"https://mudrex.com/learn/wazirx-exchange-timeline/","name":"Mudrex Learn: WazirX Timeline","type":"research","credibility":2}],"severity":"low"},{"content":"In 2019 Binance announced an acquisition of WazirX and agreed to purchase certain assets and intellectual property from Nischal Shetty, including the WazirX brand, to launch fiat-to-crypto gateways in India. No equity stake in Zanmai Labs was ever transferred. A public dispute over ultimate ownership and control surfaced in August 2022 after the Enforcement Directorate froze WazirX bank deposits (see Regulatory Actions section). Binance terminated its crypto wallet services to WazirX in February 2023 and subsequently stated publicly that it had never owned, controlled, or operated WazirX. After the July 2024 hack, Binance reiterated that it bore no responsibility for user losses, pointing to Zettai as the sole operator, and called on WazirX's management to compensate affected users. WazirX co-founder Nischal Shetty disputed Binance's characterisation, according to reporting by Decrypt and CryptoSlate. The ownership question was not adjudicated by any court as of the time of writing; the dispute is reflected in both parties' public statements but has not been resolved by any court or regulator.","heading":"Binance Ownership Dispute","sources":[{"url":"https://decrypt.co/249897/binance-denies-responsibility-in-wazirx-hack-says-it-never-acquired-the-company","name":"Decrypt: Binance Denies Responsibility in WazirX Hack, Says It Never Acquired the Company","type":"news_article","credibility":2},{"url":"https://cryptoslate.com/binance-clarifies-it-never-owned-wazirx-demands-accountability/","name":"CryptoSlate: Binance clarifies it never owned WazirX, demands accountability","type":"news_article","credibility":2},{"url":"https://blockworks.co/news/binance-curtails-ties-to-wazirx-following-regulatory-probe","name":"Blockworks: Binance Curtails Ties to WazirX Following Regulatory Probe","type":"news_article","credibility":2},{"url":"https://www.banklesstimes.com/articles/2024/09/18/binance-blames-wazirx-ceo-nischal-shetty-for-misleading-users/","name":"BanklessTimes: Binance Blames WazirX CEO Nischal Shetty For Misleading Users","type":"news_article","credibility":2}],"severity":"medium"},{"content":"On July 18, 2024, approximately $234.9 million in digital assets were drained from a Gnosis Safe multisig Ethereum wallet. The wallet used a 4-of-6 signature scheme in which five keys were held by WazirX personnel and the sixth by Liminal Custody, the exchange's third-party custodian. The malicious transaction was signed using three WazirX keys and the Liminal key after attackers manipulated the signing interface to display fraudulent transaction data, reportedly via a spoofed Liminal front-end that caused signers to unknowingly approve a smart contract upgrade transferring control of the wallet to the attacker. WazirX halted trading immediately following the exploit and offered a bounty for recovered funds. On January 14, 2025, the governments of the United States, Japan, and South Korea issued a joint public statement attributing the attack to North Korea's Lazarus Group — a state-sponsored threat actor — as part of a broader campaign responsible for more than $659 million in crypto thefts across 2024. WazirX was one of several exchanges named in that statement alongside DMM Bitcoin, Upbit, and others. Independent blockchain researchers had reached similar conclusions in the days following the attack. WazirX is best characterised as a victim of a sophisticated external cyberattack in this incident; no evidence has emerged that WazirX personnel were complicit in the theft.","heading":"July 2024 Hack — Incident and Attribution","sources":[{"url":"https://www.businesstoday.in/technology/news/story/north-koreas-lazarus-group-behind-235-million-wazirx-hack-confirms-joint-statement-by-us-south-korea-japan-460804-2025-01-14","name":"BusinessToday: North Korea's Lazarus Group behind $235 million WazirX hack — joint statement by US, South Korea, Japan","type":"news_article","credibility":1},{"url":"https://www.business-standard.com/companies/news/wazirx-crypto-hack-north-korea-us-japan-south-korea-response-125011500597_1.html","name":"Business Standard: WazirX crypto hack — North Korea, US, Japan, South Korea response","type":"news_article","credibility":1},{"url":"https://unchainedcrypto.com/230-million-wazirx-hack-potentially-linked-to-lazarus-group-say-blockchain-researchers/","name":"Unchained Crypto: $230 Million WazirX Hack Potentially Linked to Lazarus Group","type":"news_article","credibility":2},{"url":"https://www.halborn.com/blog/post/explained-the-wazirx-hack-july-2024","name":"Halborn: Explained — The WazirX Hack (July 2024)","type":"research","credibility":2},{"url":"https://fticybersecurity.com/wp-content/uploads/2024/09/FTI-Cybersecurity-Threat-Intel-Report-WazirX-Crypto-Heist.pdf","name":"FTI Cybersecurity: Threat Intel Report — WazirX Crypto Heist","type":"research","credibility":2}],"severity":"critical"},{"content":"Following the hack, WazirX and Liminal Custody publicly attributed responsibility to each other. WazirX stated that a forensic investigation by Mandiant (a Google subsidiary) found no evidence of compromise on the three WazirX employee laptops used for signing transactions, and that findings 'largely indicated the cyberattack originated from Liminal.' Liminal contested this, stating its own investigations and forensic reports indicated that three compromised devices at WazirX were the genesis of the breach. An independent audit by Grant Thornton, commissioned in this context, found no evidence that Liminal's systems were compromised, clearing the custodian of direct involvement. A September 2024 report by FTI Cybersecurity described the attack mechanism as likely involving a spoofed user interface that deceived WazirX signers. On August 14, 2024, WazirX ended its custody relationship with Liminal and migrated remaining funds to new multisig wallets managed under institutional custodian BitGo. No court or regulator had issued a formal finding of liability against either party as of the date of this report. The technical evidence suggests attackers exploited the interface layer between the two parties rather than compromising either party's core infrastructure outright, and the question of operational responsibility remains contested.","heading":"Attribution Dispute: WazirX vs. Liminal Custody","sources":[{"url":"https://inc42.com/buzz/wazirx-hack-liminals-platform-not-responsible-confirms-third-party-forensic-report/","name":"Inc42: WazirX Hack — Liminal's Platform Not Responsible, Confirms Third-Party Forensic Report","type":"news_article","credibility":2},{"url":"https://benzinga.com/content/40782223/liminal-custody-not-responsible-for-230-wazirx-hack-audit-finds","name":"Benzinga: Liminal Custody Not Responsible for $230M WazirX Hack — Audit Finds","type":"news_article","credibility":2},{"url":"https://www.coindesk.com/business/2024/08/14/wazirx-ends-custody-relationship-with-liminal-is-moving-funds-to-new-multisig-wallets","name":"CoinDesk: WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets","type":"news_article","credibility":2},{"url":"https://crystalintelligence.com/investigations/expert-analysis-wazirx-hack/","name":"Crystal Intelligence: Expert Analysis — How the $230m WazirX Hack Happened","type":"research","credibility":2}],"severity":"high"},{"content":"The Enforcement Directorate (ED) has conducted multiple enforcement actions against WazirX under the Foreign Exchange Management Act (FEMA) and the Prevention of Money Laundering Act (PMLA). In June 2021 the ED issued a show-cause notice to WazirX and directors Nischal Shetty and Sameer Mhatre for transactions totalling Rs 2,790.74 crore, alleging the platform was used to launder proceeds of crime by 16 fintech firms under separate ED investigation, and that WazirX had lax AML norms that enabled transfers to unknown foreign wallets. In August 2022 the ED froze Rs 64.67 crore in WazirX bank deposits as part of this money-laundering probe. In a separate action the ED seized approximately Rs 90 crore in cryptocurrency wallet funds held across Binance, ZebPay, and WazirX wallets in connection with an online gaming application investigation. These cases are described as allegations and notices; no criminal conviction of WazirX, Shetty, or Mhatre was reported as of the date of this investigation. WazirX states it began voluntary reporting to India's Financial Intelligence Unit (FIU-IND) in August 2022 and completed formal registration under PMLA in March 2023 when virtual asset service providers were brought within the Act's scope. WazirX was not among the nine offshore exchanges that received FIU show-cause notices for AML non-compliance in December 2023. Following the 2024 hack, the Delhi High Court issued notices to both the FIU and ED regarding the matter, and the Supreme Court of India registered but subsequently dismissed (April 16, 2025) a petition by over 50 hack victims seeking a criminal probe against Nischal Shetty, with the court noting the absence of a comprehensive crypto regulatory framework in India.","heading":"Indian Regulatory and Enforcement Actions","sources":[{"url":"https://cointelegraph.com/news/indian-law-enforcement-accuses-wazirx-exchange-of-aiding-in-laundering-of-130m","name":"CoinTelegraph: Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M","type":"news_article","credibility":2},{"url":"https://www.business-standard.com/amp/article/current-affairs/ed-freezes-over-rs-64-crore-bank-deposits-of-crypto-exchange-wazirx-122080501164_1.html","name":"Business Standard: ED freezes over Rs 64-crore bank deposits of crypto exchange WazirX","type":"news_article","credibility":1},{"url":"https://www.deccanherald.com/india/ed-seizes-rs-90-cr-funds-kept-in-binance-zebpay-wazirx-wallets-3001695","name":"Deccan Herald: ED seizes Rs 90 crore funds kept in Binance, ZebPay, WazirX wallets","type":"news_article","credibility":1},{"url":"https://www.cryptotimes.io/2024/10/18/delhi-high-court-issues-notices-to-fiu-and-ed-regarding-wazirx-hack/","name":"CryptoTimes: Delhi High Court issues notices to FIU and ED regarding WazirX Hack","type":"news_article","credibility":2},{"url":"https://www.cryptotimes.io/2025/04/15/supreme-court-to-hear-wazirx-victims-case-against-nischal-shetty/","name":"CryptoTimes: Supreme Court to hear WazirX victims case against Nischal Shetty","type":"news_article","credibility":2},{"url":"https://www.zeebiz.com/markets/currency/news-cryptocurrency-alert-rs-279074-crore-transactions-ed-serves-notice-to-wazirx-its-directors-nischal-shetty-sameer-hanuman-mhatre-under-fema-158427","name":"ZeeBiz: ED serves notice to WazirX directors under FEMA","type":"news_article","credibility":2}],"severity":"high"},{"content":"Following the hack and the suspension of withdrawals, Zettai Pte Ltd filed for a moratorium in Singapore under the Insolvency, Restructuring and Dissolution Act. The Singapore High Court issued a four-month moratorium on September 26, 2024, protecting the company from creditor actions during restructuring. In January 2025 the court granted leave to convene a creditor scheme meeting. A first restructuring scheme was declined by the Singapore High Court in June 2025. A revised Scheme of Arrangement was subsequently put to creditors; 95.7% of voting creditors representing 94.6% of total creditor value voted in favour. The Singapore High Court sanctioned the revised scheme on October 13, 2025 (HC/SUM 940/2025), and the scheme became effective on October 15, 2025 upon lodgement with the Accounting and Corporate Regulatory Authority of Singapore. WazirX restarted trading on October 24, 2025 — approximately 16 months after the hack — with zero-fee trading and custody migrated to BitGo. Under the scheme, eligible pre-hack users received an initial distribution covering approximately 85% of approved claims, which became withdrawable. On January 9, 2026, Recovery Tokens were credited to users' accounts representing the remaining approximately 15% of claims. As of mid-2026 Recovery Tokens are non-tradable and non-withdrawable; WazirX has indicated they may become tradable subject to future legal clearance. INR withdrawals are described as resuming in phases. Withdrawals of full balances remained restricted as of the time of this report.","heading":"Singapore Moratorium, Restructuring, and Recovery","sources":[{"url":"https://www.coindesk.com/markets/2025/10/13/wazirx-restructuring-cleared-in-massive-relief-for-usd230m-hack-victims","name":"CoinDesk: WazirX Restructuring Cleared — Singapore Clears Plan for Restart","type":"news_article","credibility":2},{"url":"https://www.business-standard.com/companies/news/singapore-court-approves-crypto-exchange-wazirx-s-scheme-of-arrangement-125101301118_1.html","name":"Business Standard: Singapore court approves WazirX's scheme of arrangement","type":"news_article","credibility":1},{"url":"https://www.ccn.com/news/crypto/wazirx-restarts-exchange-withdrawals-still-blocked/","name":"CCN: WazirX Resumes Trading After 16-Month Shutdown, But Withdrawals Still Locked","type":"news_article","credibility":2},{"url":"https://mudrex.com/learn/wazirx-hack-recovery-timeline/","name":"Mudrex Learn: WazirX Hack Recovery — Complete Timeline and Court-Approved Repayment Plan","type":"research","credibility":2},{"url":"https://www.cryptotimes.io/2025/06/05/singapore-court-rejects-wazirx-restructuring-june-6-moratorium-last-hope/","name":"CryptoTimes: Singapore Court Rejects WazirX Restructuring — June 6 Moratorium Last Hope","type":"news_article","credibility":2},{"url":"https://wazirx.com/blog/the-scheme-of-arrangement-is-now-effective/","name":"WazirX Blog: The Scheme of Arrangement is Now Effective","type":"official","credibility":3},{"url":"https://www.coinspeaker.com/wazirx-returns-85-of-lost-funds-as-hack-fallout-nears-resolution/","name":"Coinspeaker: WazirX Returns 85% of Lost Funds as Hack Fallout Nears Resolution","type":"news_article","credibility":2}],"severity":"high"},{"content":"The July 2024 hack exposed significant weaknesses in the custody and signing infrastructure used by WazirX. The multisig wallet architecture — while structurally sound in design — proved vulnerable at the human-interface layer: signers on the WazirX side approved a transaction whose displayed parameters differed from the transaction being executed on-chain. Security researchers from Halborn, Cobo, CloudSEK, and Crystal Intelligence independently described the attack as likely relying on a compromised or spoofed signing interface. The use of a shared signing arrangement with a single third-party custodian key (Liminal) as one of the required four-of-six signatures created a concentrated attack surface. WazirX migrated to BitGo as custodian and implemented strengthened custody measures as part of the post-hack restructuring. The exchange has described these improvements in its public recovery communications, though independent audit of the new arrangements had not been publicly confirmed as of mid-2026.","heading":"Operational Security and Custody Failures","sources":[{"url":"https://www.halborn.com/blog/post/explained-the-wazirx-hack-july-2024","name":"Halborn: Explained — The WazirX Hack (July 2024)","type":"research","credibility":2},{"url":"https://www.cobo.com/post/wazirx-hack-incident-analysis","name":"Cobo Security Team: WazirX Hacking Incident Analysis","type":"research","credibility":2},{"url":"https://www.cloudsek.com/blog/wazirx-incident-explained","name":"CloudSEK: WazirX Incident Explained","type":"research","credibility":2}],"severity":"high"},{"content":"After the hack, WazirX contacted India's FIU-IND and the FBI to assist in recovering stolen funds. Delhi Police arrested an individual identified as SK Masud Alam, accused of opening a fraudulent 'mule' account under the alias Souvik Mondal that was used to facilitate the hack, though this arrest pertained to the facilitation infrastructure rather than the core attackers. The Lazarus Group attribution, confirmed by the US, Japan, and South Korea in January 2025, has not resulted in publicly reported arrests of the primary perpetrators, consistent with the general difficulty of prosecuting state-sponsored North Korean actors.","heading":"Law Enforcement Response and Hack Investigation","sources":[{"url":"https://coingape.com/wazirx-hack-arrest-delhi-police-arrests-suspect-in-230-million-crypto-heist/","name":"CoinGape: WazirX Hack Arrest — Delhi Police Arrests Suspect in $230 Million Crypto Heist","type":"news_article","credibility":2},{"url":"https://www.business-standard.com/markets/cryptocurrency/wazirx-dials-fiu-ind-fbi-to-recover-funds-lost-to-230-million-heist-124073000972_1.html","name":"Business Standard: WazirX dials FIU-IND, FBI to recover funds lost to $230 million heist","type":"news_article","credibility":1},{"url":"https://techcrunch.com/2025/01/14/north-korea-stole-over-659m-in-crypto-heists-during-2024-deploys-fake-job-seekers/","name":"TechCrunch: North Korea stole over $659M in crypto heists during 2024","type":"news_article","credibility":1}],"severity":"medium"}],"timeline":[{"date":"2018-03","event":"WazirX founded by Nischal Shetty, Sameer Mhatre, and Siddharth Menon; operates as Zanmai Labs Pvt Ltd in India.","source":"CNBC","source_url":"https://www.cnbc.com/2021/07/07/wazirx-nischal-shetty-built-indias-largest-crypto-trading-exchange.html","date_original":"2018-03-01"},{"date":"2019","event":"Zettai Pte Ltd incorporated in Singapore as the parent entity for WazirX.","source":"Mudrex Learn","source_url":"https://mudrex.com/learn/wazirx-exchange-timeline/","date_original":"2019-01-01"},{"date":"2019-11","event":"Binance announces acquisition of WazirX brand and certain assets; no equity in Zanmai Labs is transferred. The terms of the arrangement later became subject to dispute.","source":"Decrypt","source_url":"https://decrypt.co/249897/binance-denies-responsibility-in-wazirx-hack-says-it-never-acquired-the-company","date_original":"2019-11-01"},{"date":"2021-06-11","event":"India's Enforcement Directorate issues show-cause notice to WazirX and directors Nischal Shetty and Sameer Mhatre under FEMA for Rs 2,790.74 crore in allegedly suspicious transactions.","source":"ZeeBiz","source_url":"https://www.zeebiz.com/markets/currency/news-cryptocurrency-alert-rs-279074-crore-transactions-ed-serves-notice-to-wazirx-its-directors-nischal-shetty-sameer-hanuman-mhatre-under-fema-158427"},{"date":"2022-08","event":"Public ownership dispute between WazirX/Zanmai and Binance surfaces. ED freezes Rs 64.67 crore in WazirX bank deposits.","source":"Business Standard","source_url":"https://www.business-standard.com/amp/article/current-affairs/ed-freezes-over-rs-64-crore-bank-deposits-of-crypto-exchange-wazirx-122080501164_1.html","date_original":"2022-08-01"},{"date":"2023-02","event":"Binance terminates crypto wallet services to WazirX.","source":"Blockworks","source_url":"https://blockworks.co/news/binance-curtails-ties-to-wazirx-following-regulatory-probe","date_original":"2023-02-01"},{"date":"2023-03","event":"India's Ministry of Finance brings virtual asset service providers under PMLA. WazirX formally registers with FIU-IND.","source":"WazirX Blog","source_url":"https://wazirx.com/blog/navigating-compliance-in-virtual-digital-asset-sector/","date_original":"2023-03-01"},{"date":"2024-07-18","event":"WazirX suffers a hack in which approximately $234.9 million is drained from a Gnosis Safe multisig wallet; trading is halted and withdrawals suspended. Lazarus Group later attributed.","source":"Unchained Crypto","source_url":"https://unchainedcrypto.com/230-million-wazirx-hack-potentially-linked-to-lazarus-group-say-blockchain-researchers/"},{"date":"2024-08-14","event":"WazirX ends custody relationship with Liminal; begins migrating remaining funds to new multisig wallets.","source":"CoinDesk","source_url":"https://www.coindesk.com/business/2024/08/14/wazirx-ends-custody-relationship-with-liminal-is-moving-funds-to-new-multisig-wallets"},{"date":"2024-09-09","event":"Grant Thornton independent audit finds no evidence Liminal's infrastructure was compromised in the hack.","source":"Benzinga","source_url":"https://benzinga.com/content/40782223/liminal-custody-not-responsible-for-230-wazirx-hack-audit-finds"},{"date":"2024-09-26","event":"Singapore High Court grants Zettai Pte Ltd a four-month moratorium under the Insolvency, Restructuring and Dissolution Act.","source":"WazirX Blog","source_url":"https://wazirx.com/blog/wazirx-moratorium-application-filed/"},{"date":"2024-10-18","event":"Delhi High Court issues notices to FIU-IND and ED regarding the WazirX hack and the situation of affected users.","source":"CryptoTimes","source_url":"https://www.cryptotimes.io/2024/10/18/delhi-high-court-issues-notices-to-fiu-and-ed-regarding-wazirx-hack/"},{"date":"2025-01-14","event":"US, Japan, and South Korea issue a joint government statement formally attributing the July 2024 WazirX hack to North Korea's Lazarus Group.","source":"BusinessToday","source_url":"https://www.businesstoday.in/technology/news/story/north-koreas-lazarus-group-behind-235-million-wazirx-hack-confirms-joint-statement-by-us-south-korea-japan-460804-2025-01-14"},{"date":"2025-01-24","event":"Singapore High Court grants leave for WazirX to convene a Scheme Meeting with creditors.","source":"Mudrex Learn","source_url":"https://mudrex.com/learn/wazirx-hack-recovery-timeline/"},{"date":"2025-04-16","event":"India's Supreme Court dismisses a criminal writ petition by over 50 WazirX hack victims against Nischal Shetty, citing absence of adequate crypto regulation in India.","source":"CryptoTimes","source_url":"https://www.cryptotimes.io/2025/04/15/supreme-court-to-hear-wazirx-victims-case-against-nischal-shetty/"},{"date":"2025-06-05","event":"Singapore High Court declines to approve the first WazirX restructuring scheme.","source":"CryptoTimes","source_url":"https://www.cryptotimes.io/2025/06/05/singapore-court-rejects-wazirx-restructuring-june-6-moratorium-last-hope/"},{"date":"2025-10-13","event":"Singapore High Court sanctions a revised Scheme of Arrangement (HC/SUM 940/2025) approved by 95.7% of voting creditors representing 94.6% of creditor value.","source":"Business Standard","source_url":"https://www.business-standard.com/companies/news/singapore-court-approves-crypto-exchange-wazirx-s-scheme-of-arrangement-125101301118_1.html"},{"date":"2025-10-15","event":"Scheme of Arrangement becomes effective upon lodgement with Singapore's ACRA.","source":"WazirX Blog","source_url":"https://wazirx.com/blog/the-scheme-of-arrangement-is-now-effective/"},{"date":"2025-10-24","event":"WazirX resumes trading operations with zero-fee terms and custody migrated to BitGo — approximately 16 months after the hack.","source":"CCN","source_url":"https://www.ccn.com/news/crypto/wazirx-restarts-exchange-withdrawals-still-blocked/"},{"date":"2026-01-09","event":"WazirX credits Recovery Tokens to eligible users' accounts on a pro-rata basis, representing the remaining ~15% of approved claims not covered by the initial 85% distribution. Tokens are non-tradable and non-withdrawable as of mid-2026.","source":"KuCoin News","source_url":"https://www.kucoin.com/news/flash/wazirx-issues-recovery-tokens-to-users-as-part-of-post-hack-restructuring"}],"sources_used":[{"url":"https://www.businesstoday.in/technology/news/story/north-koreas-lazarus-group-behind-235-million-wazirx-hack-confirms-joint-statement-by-us-south-korea-japan-460804-2025-01-14","name":"BusinessToday: Lazarus Group behind $235M WazirX hack — joint US/Japan/South Korea statement","type":"news_article","archive_url":"http://web.archive.org/web/20260511135218/https://www.businesstoday.in/technology/news/story/north-koreas-lazarus-group-behind-235-million-wazirx-hack-confirms-joint-statement-by-us-south-korea-japan-460804-2025-01-14","credibility":1,"archive_timestamp":"2026-05-11T13:52:18+00:00"},{"url":"https://www.business-standard.com/companies/news/singapore-court-approves-crypto-exchange-wazirx-s-scheme-of-arrangement-125101301118_1.html","name":"Business 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