Tag: asset recovery

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China Urged to Establish Unified Crypto Regulations for Seized Digital Assets

September 5, 2024

A law professor at the East China University of Political Science and Law has highlighted the urgent need for China to standardize procedures for recovering illicit digital assets due to a rise in cryptocurrency-related crimes. He stressed the lack of uniform standards complicates asset recovery and urged for comprehensive guidelines and international cooperation to manage…
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Wazirx Clarifies Recovery Options, Asset Valuation, and USDT Conversion After Cyberattack

July 28, 2024

Indian cryptocurrency exchange Wazirx has answered important questions from its users about the recent cyberattack. The platform explained its socialized loss strategy and the options users have to recover their assets. Additionally, users inquired about asset valuation and token conversion to USDT. Wazirx Addresses Key Questions Following Cyberattack On Saturday, Indian crypto exchange Wazirx addressed…
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