Wazirx Crypto Exchange completed the voting process for its controversial exchange recovery scheme. Some cryptographic influential affirmed that Wazirx’s leadership is paying money to influencers to disseminate positive responses around the development linked to Wazirx.
Summary
- Wazirx Crypto Exchange successfully held a 10 -day voting event for the restructuring scheme.
- Cryptographic influencers accused Wazirx of paying money to influential people for paid promotion.
- NCDRC dismissed Wazirx’s demand due to the absence of any cryptographic regulatory law in the country.
Wazirx was a better classified cryptographic exchange in the Indian cryptography market, but unfortunately, in mid -2024, the exchange faced a hack attack and lost cryptocurrencies worth $ 230 million. After 5 days of hack attack, the services of this exchange were suspended.
On March 28, 2025, Wazirx Exchange successfully finished Your 10 -day voting event for your recovery scheme, from March 19 to March 28, 2025. But it is not confirmed if most customers voted in support or against the scheme.
The Wazirx CEO, Nischal Shetty, replied with a tweet, showing a person stopped in front of a temple of God, to show that he currently wants the best to happen soon.
According to the official information provided by Wazirx’s leadership, an independent third party team will verify the vote result. That means that Wazirx Exchange follows a transparent approach to maintain confidence and confidence with customers.
If the majority voted in favor of the restructuring scheme, Wazirx will seek the approval of the Court. With the approval of the Court, the exchange may return funds to customers. If everything goes well, customers can start receiving their funds by the end of April 2025.
Wazirx pays cryptographic influencers for promotion in the midst of the crisis
A popular Indian cryptography influencer, Pushpendra Singh Kushwaha, said that most cryptographic influential people are talking in favor of Wazirx’s exchange because they are getting Wazirx promotional money.
Pushpendra also said he received a promotion invitation paid by Wazirx, but rejected him to be with Wazirx creditors.
As reported, the Wazirx CEO is blocking Crypto X users, who are asking genuine questions about the restructuring scheme.
Through another Tweet, a cryptographic influencer asked his followers if they would trust the decentralized cryptographic exchange of Wazirx. The answer showed that most users said yes.
WAZXX DISSEMINATION
According to the latest media reports, the Consumer Court (NCDRC) dismissed the lawsuit filed by a Wazirx creditor against Wazirx in the absence of rules and laws for digital assets.
The president of NCDRC, Justice, AP Sahi, said that India lacks specific laws to regulate or address claims related to the Wazirx case. He emphasized the need for parliamentary action and requested the participation of FIU and the Coordination Center of the Cyber ​​Crime of India.
Read also: Indian Crypto Investors leaves the exchange of Binance after the KYC mandatory card card
Discharge of responsibility: In Bitcoinik.com we present the most recent information in the encryption market. However, this information should not be considered as financial advice and viewers must consult their financial advisors before investing.
