Indian police have arrested West Bengal resident SK Masud Alam for his alleged involvement in the WazirX hack, which resulted in the loss of more than $230 million in cryptocurrency earlier this year and prevented customers from withdrawing funds. Alam is accused of creating a fake account under the pseudonym Souvik Mondal and selling it to hackers via Telegram. The account was later used to conduct illegal operations against cryptocurrency exchange WazirX.
The SEC has approved the listing of Japanese crypto exchange Coincheck on the Nasdaq, a move that will be achieved through a merger with Thunder Bridge Capital Partners (TBCP), marking the first time a Japanese crypto exchange has listed on a U.S. stock exchange.