Liminal Custody fires back, blames $230 million hack on WazirX

economictimes.indiatimes.com:

Liminal Custody stated on Monday, September 9, that an independent audit conducted by Grant Thornton has cleared them of any involvement in the $230 million cyberattack that occurred on July 18, 2024. According to Liminal Custody, the breach of the multi-signature (multi-sig) wallet was most likely due to vulnerabilities at WazirX’s end, not their own.

Grant Thornton’s audit clears Liminal Custody

Liminal Custody engaged Grant Thornton, a leading global audit firm, to conduct a thorough investigation into the incident. Grant Thornton’s audit confirmed that the breach likely originated from outside Liminal's infrastructure. The audit found no evidence of compromise within Liminal’s frontend, backend, or User Interface (UI).

“Our preliminary reports identified a discrepancy between the data payloads created by our system and those received from the client’s system. This discrepancy indicated a potential compromise either at the client’s end or within our frontend systems,” said Liminal Custody. “However, our independent review by Grant Thornton has confirmed that Liminal’s systems remain secure, and the breach likely occurred elsewhere.”

Security of Liminal’s self-custody wallet

Did you Know?

The world of cryptocurrencies is very dynamic.