Mass Outrage: Why Hundreds Are Reporting WazirX to the Police Today
In recent developments that have left the Indian cryptocurrency landscape in turmoil, allegations of fraud and betrayal of trust have surfaced against one of the country's largest cryptocurrency exchanges, WazirX A staggering number of investors, whose patience has been severely tested, are organizing legal action in response to what they perceive as deception and mismanagement of their investments by the exchange owners This situation highlights vital concerns regarding security, accountability, and transparency within the cryptocurrency trading space Growing Discontent Among WazirX Investors The core of the issue lies in the aftermath of a significant security breach occurring on July 18, where investors collectively faced losses exceeding Rs 2000 crore In the wake of this event, WazirX took the controversial step of locking down the accounts of affected investors, effectively freezing their funds and suspending any form of withdrawal for over a month...
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