WazirX: Users Challenge 85% Recovery Claims
CryptoPointHi and @simplykashif report that no WazirX users have confirmed receiving 85% of lost funds from the exchange hack, publicly questioning the platform on independent audits, recovery token buybacks and quarterly profit disclosures.
SourceAnalysis
WazirX faces fresh scrutiny after @simplykashif and @CryptoPointHi stated that no affected user has confirmed receipt of 85% of lost funds from the platform's hack. The posts quote a senior WazirXIndia employee refusing to address community questions and list three direct demands: an independent audit with a public report on the 85% recovery, the date and amount of the first recovery token buyback for the remaining 15%, and public disclosure of quarterly profits feeding the buyback pool. The exchange continues event sponsorships and product launches while users await concrete answers on fund recovery timelines.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.