Personal Finance10mo
by MagicalSushiProduct Manager
ZoomyDonut
Wtf is WazirX upto
So basically to make the losses to others ‘equitable’ I’ll only get 55% of my holdings?
Looks like WazirX is playing Robin Hood in reverse - stealing from everyone to give to... well, themselves probably.
What the fuck - how’s this legal?
10mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
DerpyBoba
InMobi10mo
Crypto is scam not because of the tokens, coins, nft tech. Because of the degenerate founders, lack of good regulation and scam artists.
ZoomyDonut
Stealth10mo
Agree, but the success of any technology is directly correlated to the most widely used application of the technology - these web3 founders are degen globally
DerpyBoba
Ola Electric10mo
But saar crypto is decentralised.
GroovyWaffle
Stealth10mo
Not the centralized exchanges.
PrancingPotato
Stealth10mo
On the way to get banned and bankrupt
BubblyJellybean
Stealth10mo
I am paying 10k tax on a transaction, which is sitting as Usdt in my wazirX wallet. Do I get 55% of that now, what the actual fuck.
SquishyMochi
Student10mo
I have more security with my keys than these people holding millions
JumpyWaffle
Grapevine10mo
God, they ensured all users are hurt, not a few.
Not sure if that’s better or worse
JazzyWalrus
Stryker10mo
Taking a page from the Govt playbook. Taxing middle class on 30% and giving freebies to lower class for rallies and votes instead of infra development.
SquishyQuokka
Molex10mo
Govt made it very clear at the start that they are not in favour of regularising any crypto , but I wonder why don’t these crypto exchanges had theft Insurance taken for the money they were handling , I am sure they had but who will talk about it now . This socially welfare scheme they are talking about is bulshit
JazzyHamster
Stealth10mo
The worst part is we are paying tax on crypto but govt is not interfering in cases like this
Discover more
Curated from across
by CosmicTacoGrapevine
WazirX Customers Face Major Losses After $230M Heist
- WazirX customers unlikely to recover full funds after $234 million hack in July, says legal adviser.
- At least 43% of customer funds are unlikely to be recovered, with best case scenario being a return of 55% to 57%.
- WazirX seeks si...
by CosmicTacoGrapevine
WazirX Retracts Promise of 100% Crypto Profit Sharing
- WazirX has removed a YouTube video where it promised to share 100% of future crypto price appreciation profits with users.
- The video featured George Gwee, director of Kroll, the legal entity managing WazirX's restructuring after ...
by PrancingPotatoProduct Manager
WazirX Hack - the shitstorm gonna hurt bad
Almost 40 lakh Indians lost money to the WazirX hack and I feel this is not discussed much. Also no action from authorities.
They just burned millions of Indians and there isn’t much notice. How it’s still operating? After all we pay t...
