WazirX publishes preliminary creditor list and July 18 balance snapshot inside app-OxBig News Network

The WazirX hack, now formally attributed to North Korean hackers, cost the exchange more than $230 million [File]
| Photo Credit: REUTERS

Indian crypto exchange WazirX announced that it had published the preliminary creditor list and the snapshot of user balances on July 18, as part of its restructuring process in Singapore after the hack that took place on July 18 last year.

“Creditors can now check their claim amount in USD using a unique UUID. The list is ordered by descending value of claims and can be searched using the UUID. A ‘Find My Balance’ option is also available for easy access. Additionally, creditors can inspect another creditor’s claim by submitting an inspection request during the Inspection process,” said WazirX in a post on X on February 9.

Furthermore, WazirX investors can see a record of what their account balance was on July 18, 2024 at 1PM IST, as well as token balances and deposits made after that date when the hack took place.

“A link to this page has been added to the funds section and the app home page. These updates ensure all creditors have visibility into their claims and are in line with the Scheme Process,” said WazirX.

While some investors welcomed the move, others were concerned about when the vote for restructuring would really take place, so that crypto withdrawals can begin again.

The WazirX hack, now formally attributed to North Korean hackers, cost the exchange more than $230 million.