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Market Cap:
24h Vol:
Cryptocurrencies: 12993
Bitcoin Bitcoin Share: 57.75%
Markets: 87074
Cryptopolitan
2024-10-17 14:53:05

Crypto exchange WazirX has an asset deficit of 45% and withdrawals could take 6 months

Crypto exchange WazirX has an asset deficit of 45% and withdrawals could take 6 months

Crypto exchange WazirX’s users have raised concerns as the exchange reveals a 45% asset deficit following a cyberattack in July 2024. The company can reportedly only return up to 50% of funds, with withdrawals expected to take at least six months. Amid its restructuring efforts taking place during a moratorium, users are worried about transparency

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