Some new evidence shows that the WazirX exchange receives help from Binance for fund management and speculations are giving strong support to this evidence. WazirX customers call WazirX CEO a superhero.
As we know, four months ago, the crypto exchange was hacked and almost half of its funds were hacked, probably by the popular Korean hacking group Lazarus. Today, the WazirX team confirmed that they transferred (probably market traded) WazirX clients’ funds to rebalance the hacked funds.
All those people who criticized and abused WazirX CEO Nischal Shetty over the hacking incident now appreciate him as a superhero and savior.
However, many people termed WazirX’s fund rebalancing activity as unethical and illegal, but most of them appreciated this move as it will compensate clients 100%.
The possible participation of Binance
However, so far, neither the Binance leadership nor the WazirX leadership have spoken about Binance Exchange’s involvement in this matter, but many people speculated that Binance is deeply involved and sooner or later the official information will become public domain. .
On December 12, a Crypto
A WazirX client also shared his parallel analysis along with this finding and urged Binance CEO Richard Teng to confirm if all this evidence is proof that Binance is there to rescue the WazirX exchange.
Also Read: Rumors Suggest Binance or Another Crypto Exchange Will Come to WazirX’s Rescue