WazirX: Decided to restore balances of all accounts and reverse all transactions on the platform after withdrawals were stopped on July 18

BlockBeats news, on August 8, Indian crypto trading platform WazirX said on the X platform that after careful consideration of the situation and receiving a lot of user feedback, it decided to restore the balances of all accounts and cancel all transactions conducted on the WazirX platform after withdrawals were stopped at 1 pm Indian Standard Time on July 18, 2024.

All users' asset balances on the WazirX platform will be restored to the status at 1 pm on July 18, 2024. The recovery process will be completed in the next few days, and affected users will receive notifications about affected transactions via email.

This decision was made after careful consideration and is intended to protect the integrity of our platform and provide users with a fair outcome after the unusual cyber attack on July 18, 2024.