WazirX: Suspected attack originated from the hostage-taking of third-party operator Liminal, resulting in loss of over $230 million

Odaily News Indian crypto trading platform WazirX announced the preliminary results of its investigation into the attack. WazirX said that one of the platforms multi-signature wallets suffered a cyber attack and lost more than $230 million in funds. Since February 2023, the wallet has been operating using Liminals digital asset custody and wallet infrastructure services. The report stated that the cyber attack stemmed from the difference between the data displayed on the Liminal interface and the actual content of the transaction. During the cyber attack, the information displayed on the Liminal interface did not match the actual signed content. WazirX therefore suspected that the payload was replaced to transfer control of the wallet to the attacker. WazirX finally stated: This is a force majeure event that the team cannot control, but the team is doing its best to find and recover the funds. The team has frozen some deposits and contacted the relevant wallets for recovery.