Almost 40 lakh Indians lost money to the WazirX hack and I feel this is not discussed much. Also no action from authorities.
They just burned millions of Indians and there isn’t much notice. How it’s still operating? After all we pay taxes on crypto investments but there isn’t any regulation or protection? I mean why hell tax is for.
This is just plain stupid. Finance Ministry is probably the most fuc*ed up ministry right now I think.
Why the founder not in legal soup?
Government wants people to stay away from crypto and continue investing in share market. WazirX is registered/operating from Dubai and it will take time for any legal action.
Govt had already clarified that it is unregulated scheme and they have got nothing to do with it, except levy taxes if you earn profit!! 😄 So all those who lost money in it, can go Vote for BJP all over again😄🤣
So basically to make the losses to others ‘equitable’ I’ll only get 55% of my holdings?
Looks like WazirX is playing Robin Hood in reverse - stealing from everyone to give to... well, themselves probably.
What the fuck - how’s this legal?
Incoming crypto bro saying "Blockchain is unhackable"
