How WazirX lost $235 mn in cryptos & why everyone is upset with its response
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- Опубліковано 8 вер 2024
- WazirX's actions following the $235 million hack on it have upset nearly everybody. Will the govt now regulate the crypto sector? Deputy Editor TCA Sharad Raghavan brings you this deep dive into the issue.
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Wazirx has cheated all its users. We want our funds back
Why the heck did you invest when all are saying it's fraud?
Transactions can't be reversed. No centeral authority to fix a problem either
Its mind boggling that $235 have been lost…and no one is much bothered
$235 is not much.
😂Indians lol
Wazir x is responsible for loss and they should compensate the users from the profits they had made charging huge fees and by listing crypto crunency high prize as compared to world market
Why the heck would other users pay for the vulnerability or loophole in Wazirx's system, pay from your profit bookings from previous year or sell ownership equity and pay the affected victims.
Wow, such a great story reporting. Huge loss for investors, there has to be regulations
No ban on crypto
This kind of sudden loss is shocking. What is worse is that print and television have not whispered even a word about this loss. Many thanks for reporting this nasty incidence so well.
Self regulation is nonsensical. Wazirx and people of their ilk need a whipping hand to control them. “Socialising the loss!” This utterly crooked idea will soon be adopted by the other unscrupulous businessmen.
WHY DO THEY THINK THEY CAN STEAL 45% OF MY COINS FOR THEIR MISTAKE ! I am not affected by the hack. They can charge me 10000 rupees if they need to, but WHAT IS WITH STEALING 45% ?!?!! INSANE !!! THEY ARE THIEVES IF THEY TRY THAT !!!
Aur karo Crypto
This is such a shame..
Incidents do happen and web3 being still relatively new, there are a lot of challenges lurking around the corner.
But if exchanges don't own up then how will investors have faith?
I said many times that crypto is fraud but no one listened to me. Stupidity can't be fixed
It was clear on the first day itself that it was a Ponzi Pump and Dump scheme. But how do you explain this to dumb people?
Yes
need to file court case against this company on not passing loss to users..
I lost my 2.5 cr 🤬
whole crypto is scam
screen reading journalism doesn’t work well these days, sorry sharad🥲