Wazirx is holding Townhall tomorrow.
I have made a list of 13 Important questions that users can ask.
Q1. You mentioned in the affidavit that Wazirx is in talks with 11 exchanges & trading businesses. However, these businesses had a concern over an ongoing dispute between Wazirx & Binance regarding ownership due to an ongoing court case. So till the time the ownership dispute is resolved, do you guys have the authority to close deals with these white knights? If yes - please let us know how.
Q2. In the affidavit you mentioned that total user funds on the day of the hack were approximately $570 million & hacked crypto was worth $234 Million. If we go by these numbers, means 41% of crypto was hacked, which you guys also mentioned in the hack report which was later changed to 45%. Can you clarify on this?
Q3. You recently changed the total crypto holding number on the day of the hack from $570 Million to $546 Million in the affidavit, you guys mentioned that it was a mistake. Can you please clarify more on this? Also, How can you include INR for Zattai, it is only supposed to manage crypto, for INR Zanmai is the one that manages it.
Q4. Wazirx has been mentioning in its POR that they hold surplus crypto, why was this not mentioned in the affidavit and can you please share the number of the surplus?
Q5. In the affidavit you guys mentioned that you have taken out Rs 100 crore ($12 Million) from user funds for legal expenses, that’s 5% of the remaining customer funds. Why are you doing this and why there is no contribution from the Wazirx team?
Q6. Earlier you guys shared the idea of 55/45, with the Singapore scheme of arrangements - What percentage can we expect to be returned to each user out of the remaining funds? As 5% has been taken out of Wazirx for legal expenses, so number comes down to 50% - can it come down further? Please clarify.
Q7. The remaining crypto Distribution will be based on a percentage of INR value on the day of the hack (Snapshot). Or Distribution will be in the percentage of crypto tokens that users hold?
Q8. Will you be Converting the remaining Crypto into another Stablecoin like USDT or you will keep them in the Same Crypto? Pls share more on this.
Q9. If Wazirx decides to keep the remaining crypto as it is and not convert it into stable coins & in 6 months price of those crypto rise or double. Will the price rise be included in the distribution or distribution will not count price rise & will happen based on the Price of that token at the time of the snapshot that was taken?
Q10. Wazirx has frozen 34% of INR for users who deposited INR after the hack, Why were their funds frozen? are you guys working on a resolution? & when will this be fixed?
Q11. Almost 20 days ago, you guys announced that you will be moving the remaining crypto to new wallets & will publish blockchain addresses, What’s taking so long & meanwhile can you publish addresses where these crypto are currently stored for transparency?
Q12. A few crypto addresses were not being tracked on Live Coingabbar POR, why did this happen? Why this was never shared before? Can you please make these addresses public for transparency?
Q13. Can you please publish the Financials of Zattai for the last 3 years for transparency?
Hope this helps & Wazirx Team answers at least a few of them.