Sir @PMOIndia could you please extradite #WazirX founder Nischal from Dubai or Singapore, wherever he is hiding, and ensure he is tried in a fast track court in India?
He is legally scamming Indian users of ₹4,500 crore through his restructuring scheme.
Everyone has started talking about #WazirX because of you!🔥
You are the media now 🫵
Take just a minute each day to post a tweet about WazirX or retweet others.
Only you have the power to hold WazirX accountable and help ensure we get our crypto back. 💪🚀
The $230 WazirX Hack Scam and Free Digits $WRX Sale: What You Need to Know
🚨 Attention WazirX Team 🚨
It’s estimated that WazirX has earned ~$1B through various sources, including token #WRX sales (~$400M), exchange revenue, listing fees, referral fees, trading fees, and more. Despite this massive revenue, user funds should not be used for expenses or mismanaged without permission.
🔰 Users demand 100% of their funds back, including all cryptos purchased and held. Partial refund strategies (e.g., 45%-55%, 30%-70%) are unacceptable.
The $230M hack is minimal compared to your earnings. Why hasn’t WazirX refunded these funds?
Users deserve full accountability and trust.
🚨 Message to WazirX: Return 100% user funds now. Users’ cryptos belong to them, not the platform.
Just BreakDown as per My Research:
1⃣ IDO & Listing Events:
▪️Feb 3-4, 2020: WRX IDO.
▪️Feb 4, 2020: 83.64M WRX tokens unlocked (Team allocation: Foundation, Marketing, Ecosystem).
▪️Feb 5, 2020: Listed on Binance.
▪️Estimated sale value: ~$12M ($0.1-$0.2/WRX).
2⃣ Airdrop Analysis:
▪️ Total airdropped: 110.87M WRX.
▪️ Estimated total airdrop value: ~$86.33M.
▪️ Assumption: 70% (~$60M) held and sold by the team.
3⃣ Token Unlock Events:
▪️ Total unlocked tokens: 670M WRX.
▪️ Estimated cumulative value when unlocked: ~$296.79M.
▪️ Unlock Token: Foundation, Product & Marketing, Partnership & Ecosystem
4⃣ Private Sale ROI:
▪️ Sale price: $0.018; Funds raised: $900K.
▪️ Post-unlock price: $0.40-$6.
▪️ Estimated ROI: 30x-55x.
▪️ Assumed team investment: $450K; potential ROI: ~$13M.
5⃣ Trade Mining Allocation:
▪️ 39M WRX tokens allocated.
▪️ Assuming $0.5/WRX, estimated value: ~$20M.
If my data is wrong please share all the data of WRX token holdings with users.
@NischalShetty
#WazirXScam #WazirXhack
@WazirXIndia what is wazirx platform contribution to losses when all the users are contributing their profits in the bull run. And what stops releasing user funds when total claims are almost 500M usdt
@IndiasCrypto They use our crypto profit to redistribute to affected people, rather they should redistribute from the platform profit they made for these many years. And in the background they can use our inr funds to invest and gain profit.