WigglyBanana
WigglyBanana

Folks, please get off of Indian crypto exchanges - hearing there’s about to be a fund seize

I think this is CoinSwitch Kuber and WazirX, but I could be wrong. But to be safe, if you have money there, you should leave. If anybody has figured a good way to do this process, can you please share as well?

18mo ago
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GigglyMarshmallow
GigglyMarshmallow

Y'all are still investing in magic fairy unicorn money in 2023?

WigglyBanana
WigglyBanana

Nah nah but whatever is left, don’t want to lose it 🥲

WigglyBanana
WigglyBanana

Unfortunately don’t have a lot of details On the fund seize, heard it from a friend who is deep in the Web3 community and somebody I trust

On why I posted this here today - over the last 3 to 6 months I’ve heard from at least 2-3 people (VCs, Investors etc) that Indian exchanges might be under duress

Came here and wrote this because it’s money, and just in case this is true, hope we all park it somewhere safe

PerkyBoba
PerkyBoba
Cred18mo

Can you be please a little more clear? Or tell your source?

WigglyBanana
WigglyBanana

@pareshan heard from friends who are deep in the Web3 space as VCs and investors

But honestly don’t have more clarity myself, and could definitely be wrong here. But have personally moved my money away and just wanted to share here in case it ends up being true (given I trust my sources)

PerkyBoba
PerkyBoba
Cred18mo

Oh thanks.

So basically government 'may' seize the funds of current Indian crypto platforms, thereby holding our investments as well right?

If true, this has to be some BS launch of rupee coin. Tracking every penny of everyone to prevent tax evasion.

I'm not sure how I feel about it.

SquishyQuokka
SquishyQuokka
Gojek18mo

Need @FrailBlack93 here ASAP.

SleepyBanana
SleepyBanana

70% haircut portfolio khatam ho jayega 🥲🥹

WigglyBanana
WigglyBanana

Same proportion mein invest kar do kahin aur se

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