BREAKING: WazirX Faces FIU Scrutiny After Staggering $235M Crypto Heist
Crypto exchange WazirX just got a knock from India's Financial Intelligence Unit—and it's not a social call. A jaw-dropping $235 million vanished in what might be 2025's most audacious hack yet.
Behind the digital heist
Sources say the FIU's forensic teams are dissecting transaction trails like blockchain archaeologists. No 'rug pull' here—this was a surgical strike exploiting what insiders call 'laughable' security gaps.
Market tremors
WRX tokens tanked 18% in 3 hours post-announcement. Traders are dumping positions faster than a Web3 startup pivoting to AI.
Regulatory reckoning?
The FIU's probe could trigger India's toughest crypto crackdown since the 2022 tax debacle. Exchanges are suddenly remembering their 'KYC obligations'—funny how $235 million focuses the mind.
Closing thought: Nothing unites regulators like nine-figure losses—except maybe the chance to say 'we told you so.'