WazirX Received 1,700 Requests from Law Enforcement Agencies
On Tuesday, April 23, WazirX, an Indian cryptocurrency exchange, published its sixth transparency report. Covering observations from October 2023 to March 2024, the report disclosed that the exchange received 1,700 requests from law enforcement agencies, all of which were accurately addressed, boasting a 100 percent accuracy rate.
“WazirX actively collaborated with both Indian and international law enforcement agencies, aiding in the identification of suspicious transactions, suspected fraudulent activities, and cases of identity theft. Additionally, leveraging third-party transaction monitoring tools, WazirX implemented preventive measures against transactions exhibiting unusual complexity or deviation from typical patterns,” stated the report.
