@WazirXIndia@NischalShetty
Has any Indian user transferred more than $30k - $50k per transaction from this mid sized exchange ? How come there was no alerting mechanism when more than $10M is leaving the exchange/country ?
@WazirXIndia@NischalShetty
It is just impossible for anyone to walk in and steal 3K crores. A simple transaction takes 10 to 15 minutes and multiple verifications, OTP etc. How is that there was no user intervention at that layer.
@WazirXIndia@NischalShetty
0% transparency. It is impossible to hack a crypto exchange without an insider OR gross negligence.ย Small banks are able to keep several hundred crores safe with recommended moderate security. There is absolutely no disclosure on what went wrong.
@WazirXIndia Film production companies have insurance. Race cars have insurance.
Even casinos have insurance.
WHAT BUSINESS IS THIS WITH ZERO INSURANCE??
@WazirXIndia Drag it for years together, hide it, hush it, dramatized it, play it, throw jargons at it...
It won't change anything. People will never forget Wazirx for what they did. It will take a decade or more for poor people to recover...
@WazirXIndia After onboarding hundreds of thousands of people to Wazirx using the name of Binance, you leave it to the people to figure out "there was no such thing".
If security is not the pile foundation of an exchange, what else will it be ? Profits? Market penetration ?
@WazirXIndia This is not the way to run a company. No one expects security on par with nationalized banks. But it has to be a little meaningful.. This is not what you do to poor citizens of this country. All hope is lost. Wazirx will stay in India. India will get out of Wazirx.
@WazirXIndia Losing almost 70% of an important meme coin. And 40% of another. And several other. This is completely unfair. This not right. "Rebalancing Calculator" whatever that means. Another fancy name for stealing money? All these have been bought after paying heavy taxes..
@WazirXIndia Single signatory wallet, multi signatory wallet, multo-multi signatory wallet... all seems completely stupid snake oil now. WHERE WERE THE KEYS AND WHO LOST THEM ? This cannot happen without insiders help.
@WazirXIndia Wazirx has to post a video in YT "in simple and laymen terms" explaining how the money was stolen. If you can't explain in simple terms, then you haven't understood it...
@WazirXIndia Wazirx does not care.
Hell a lot of confusing jargons to cover this up. Who in this world is able to crack 2 levels of private keys? And how ? Large banks are dependant on plain https and they beautify handle billions of dollars a day.
@WazirXIndia Wazirx does not care.
50% of the funds have been stolen. Customers will bear the 50% loss ? Was this not even reasonably insured ? Were there Backup funds ? Cash in hand ? WEREN'T you EBIDTA positive ? Does the government even care what's going in Wazirx ?
@WazirXIndia wazir X does not care.
I buy crypto,I pay fees.
I sell crypto, I pay fees.
I transfer crypto, I pay fees.
"YOU" lose "MY" crypto, I bear the loss ?
Then what is wazirx doing in-between? Doing fancy UI development?
@WazirXIndia With all respect ๐, how do we know if your p2p seller is not a terrorist? Why should I have a transfer record to a stranger in my bank acct ? Unnecessarily our accts will be in the radar if your seller is a terrorist... when ll you open mobikwik/all-bank trnsfrs
@NischalShetty With all respect ๐, how do we know if your p2p seller is not a terrorist? Why should I have a transfer record to a stranger in my bank acct ? Unnecessarily our accounts will be in the radar if your seller is a terrorist... when ll you open mobikwik/all-bank transfers.
@WazirXIndia@WazirXIndia To hell with p2p. Trnsfr your money to an anonymous bank acct whom you've never met, sit behind the black box waiting like a dog... No real-time tracking. are you sure your p2p seller is not a terrorist ? Why should I have a bank trnsfr record from my bank acct ?
@WazirXIndia@MeritCircle_IO Let deposits happen from every bloody bank.. you verified the hell out of my bank acct, then why are you stopping deposits from my bank ? Why are you choosing who I should bank with? Every other month you ll change banks, you expect us to go create a new account ?
@WazirXIndia Horrible wazirx horrible. You keep changing the rules as and when you wish, like a lord... you go plead the government when they change the rules? What hypocrisy. People should get the hell out of wazirx. May god deliver a good exchange for India ๐
@WazirXIndia Is there no other time at all in this world to do maintenance ? Whyy wazirx Whyy ? Horrrible.. ๐ก... why did you stop mobikwik , why are you pushing p2p down our throat ?Every daamn thing ll work when the market is bad, important things won't work when market is good ๐