DFX Intelligence
Which companies just had a verified incident, who lends to them and who owns them. Every claim carries its evidence level and its source. How we decide what is confirmed
Global Financial Service Disruptions
WazirX
crypto exchange · IN · South Asia
Confirmed cyberStatus: resolvedTier 1Severity 4 of 5Evidence confidence: highAnalyst-verified
Indian exchange WazirX lost about USD 230m from a multisig wallet on 18 July 2024 and froze withdrawals and trading. Users faced a long freeze and a loss-socialisation scheme.
- First disruption
- Jul 18
- First public signal
- unknown
- Acknowledged
- Jul 18
- Restored
- resolved, time unknown
- Duration
- not established
- DFX first recorded
- Nov 5 14:58 UTC
What was restricted
withdrawalstradingScope: institution wide
INR and crypto withdrawals and trading paused; about 45% of reserves lost; later loss-socialisation; partial INR withdrawals allowed; operations resumed only in October 2025 (single source).
Financial impact: About USD 230m to 235m stolen (confirmed)
Cause, kept in separate layers
- What the institution said
- Multisig wallet drained in a security breach; Elliptic attributed to North Korea-linked hackers
- DFX classification
- Confirmed cyber (cyber: confirmed)