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Tag: Ultimatum

Investors' Ultimatum to Nischal as WazirX Hack Clock Hits One Month

Investors' Ultimatum to Nischal as WazirX Hack Clock Hits One Month

In a startling revelation that has sent shockwaves through the cryptocurrency community, WazirX, a leading cryptocurrency exchange, found itself at the heart of controversy one month ago This incident saw the exchange grappling with a monumental security breach that led to financial losses exceeding Rs 2000 crore for a vast number of Indian investors Amid the ensuing chaos and confusion, stakeholders are left pondering their financial futures, uncertain of when or how their investments might be returned This episode underscores a broader issue within the digital currency landscape—security vulnerabilities As the exchange scrambles to address the fallout, restoring user portfolios and reaching out to law enforcement, the affected investors find themselves in a quagmire of uncertainty and frustration...

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