Binance Wallet x Bitlayer BTCFI Carnival | Week2
🔥Pell & Bedrock interactive tasks are now live on Binance Wallet! 🎉 @BinanceWallet@Pell_Network@Bedrock_DeFi
🌿Duration: 2024.12.17-2025.1.24
🧡Complete the project tasks this week to be eligible for a chance to share in a $190,000 token prize pool! 💰
(Please update your Binance app to the latest version)
⏭️Binance Wallet Entry || Binance Wallet App-Discover-Airdrop-Bitlayer
📍Reminder: Week1 tasks are still valid and can be interacted with in Binance Wallet.
#BitlayerBTCFI #BinanceWallet #BitlayerCarnival
🔸Event Entry:https://t.co/EedeECF0Bk
🔸For more: https://t.co/nI4LcvGwPQ
🔸Tutorial:https://t.co/WRd50bXa5o
@WazirXIndia@NischalShetty@BuddhaSource
Is it true that #WazirX transferred several erc20 tokens (currently worth around $12 million) from Feb, 2023 to Oct, 2024 to #KuCoin Wallets & same has not been disclosed to users/court/investigation agencies ?.
WazirX plz correct me if I am wrong !!!. Kucoin along with other international exchanges was banned in India from Dec, 2023 to June, 2024 by FIU-India, yet #WazirX continued transferring funds during this period in clear violation of Indian Govt policies.
EVERYONE plz READ this tweet along with the tweet below on ETH I had posted few days back. Will give wallet details later. This wallet is mentioned in the 4th Affidavit submitted by WazirX/Nischal to Singapore court.
SO NOW we know just one #WazirX wallet transferred ETH/ERC20 tokens currently worth $15 million from Feb, 2023 to Oct, 2024. Pretty much possible #WazirX transferred funds from its other wallets and to different exchanges prior to hack and after hack. This is not including non-erc20 tokens (eg $XRP, $TRX, $ALGO, $BTC, $XTZ) #WazirX transferred to other exchanges including #Binance @binance during this period and not disclosed to users/court. Officially #WazirX has disclosed only $126 million worth of non-erc20 tokens transferred to ByBit, KuCoin and Houbi after the hack.
This clearly points to pre-planned and well executed HACK by #WazirX themselves. They moved all ETH/ERC20 tokens (either belonging to themselves or to users) to various exchanges they didn't want hacked. Similarly they moved many non-erc20 tokens (either belonging to themselves or to users) to various exchanges they didn't want to be part of redistribution of funds through the illegal Singapore restructuring scheme.
Moreover, both #Binance and #WazirX claims of dispute btw them since Jan, 2023 till date also seem to be false, in order to confuse users/court/agencies and to disown any responsibility towards users/funds due to the hack, as we see transfer of funds from WazirX wallets to Binance Wallets just prior to hack (eg $XRP, $TRX) and even after hack from WazirX ==> ByBit ==>Binance (eg $XRP)
@desdenova_666 @attorneyjeremy1@TOOOFAANN@IyengarShashank@cryptoady@cryptoamanclub@CryptooIndia@IshitaaPandey@pushpendrakum@open4profit@ImZiaulHaque@Shinevisual2017@evakeel24@MoniifyBusiness@EverythingAjay@goji_boy@CoinSwitch@IndiasCrypto@htTweets@republic@Republic_Bharat@IndiaToday@IndianTechGuide@timesofindia
More revelations to come ! RT MAX. NOW need HELP from MEDIA and Influencers to help expose #WazirX and save users from financial losses (Rs 4500 crores) due to this so-called HACK and request everyone to plz STOP demanding distribution of funds through the illegal Singapore Scheme. @govsingapore@minlawsg
Simple explanation of the WazirX Scam! How they are fooling us.
Me: Hey, what happened to my 100 DOGE in WazirX?
WazirX: Sorry, 45 DOGE were stolen by hackers on July 18, but we’ll give you 55 DOGE back.
Me: But now I’m only getting 30 DOGE back. What’s going on?
WazirX: We redistributed 25 DOGE from your balance to other users who were in loss. Everyone is EQUAL now. By February, you may only get 20 DOGE because if DOGE’s price increases, your compensation will decrease further.
Me: Wait, I don’t see any victims who got my DOGE as compensation. Why will I only get 20 DOGE by February?
WazirX: Oh, we’re VICTIMS too. We’re holding worthless anonymous coins worth $72M that never pump or got listed. We used your profits to cover for that.
Me: This isn’t fair! I’ll end up with just 20% of my crypto’s value by February 2025 when I was promised 55%!
WazirX: Don’t worry, we might give you 100% of your USD value back. Aren’t we generous? We’ll ensure you recover your investment as of July 18.
Me: Thanks, but 100% of my USD value today would be worth 1,000% in February. Who took the remaining 900% of the value?
Conclusion: It’s not other victims who benefit from this, it’s WazirX profiting millions from users funds under this restructuring scheme.
We should have got 55% of crypto value and not USD value back.
Can you tell me one victim who got more funds from their current value?
"Bitlayer Labs, the developer of a Bitcoin Layer 2 network, has raised $9 million in a Series A extension funding round, just three months after its $11 million Series A."
"The new round was led by Polychain Capital and co-led by Franklin Templeton."
https://t.co/qecakOcDRS
Investors owed $235 million by hacked Indian crypto exchange @WazirXIndia are pinning hopes of recovering their money with a Singapore court, but will they get their money back?
Watch the Moniify Daily episode hosted by @uptin & @carlypreilly with @amitoj : https://t.co/UTD5Ayoc48
#MoniifyDaily #WazirXIndia #CryptoScam
Wazirx kept claiming that they are in Talks with Whiteknights for months.
But it seems Whiteknight was alias for user funds. User funds which Wazirx keeps on using to run their own Business & Future Businesses, in hopes that no one will notice.
Has Binance Stepped In? $230M WazirX Hack Reimbursement Likely
In July '24, @WazirXIndia lost $230M+ to a suspected Lazarus Group hack (cf @zachxbt). For months, silence. But today’s on-chain moves suggest a 95%+ chance they’re preparing to reimburse victims—likely announced in the coming days.
This wallet (https://t.co/bqmB71MD0v) belongs to WazirX. Two months ago, they consolidated user funds (untouched by the hack) into this wallet from deposit addresses and hot wallets.
Today, 0x305 received $200M in various tokens from 0xb03 (https://t.co/HTCMulVl89), which was funded by Binance wallets.
When you look at the token balances of that wallet, that's when things get really interesting. Here are screenshots of 0x305's current balance:
And here’s the balance of WazirX’s wallet right before the July 2024 hack:
The USD amounts for Shib, ETH, PEPE, USDT, Floki, FTM, Gala, Link, Jasmy, and others align almost perfectly. The chance of this being a coincidence is nearly zero.
This strongly suggests WazirX will soon announce a reimbursement for hack victims. I have no insider info, but my gut tells me Binance plugged the hole and likely got a significant equity stake (and token) in exchange.
Good news for affected users if that's the case, can’t wait for the announcement.
There’s a possibility that the funds #WazirX sent to @Bybit_Official were later transferred to @binance to purchase these tokens. This could be because WazirX plans to compensate everyone in the same tokens as before the hack. To do so, they may have purchased these tokens using profits from selling assets like DOGE, BTC, or XRP.
However, the issue is that all of this is speculative, as it’s impossible to track transactions once the funds were moved to @Bybit_Official.
WazirX has the freedom to trade, sell, buy, or transfer tokens as they like.