$WRX 💢 "How to cheat your users and get away with it? 💢
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Ever since I've been keeping up with the updates and raising important questions regarding user funds, this fraudster Nischal Shetty is making things shady day by day.
WazirX's Full Plan
WazirX aims to secure legal immunity in Singapore court through a scheme of arrangement, shielding them from all liabilities. 🛡️
They're dragging Binance for personal advantage. 💼
Once they achieve legal immunity and approval for a moratorium, they plan to repay us only 40-55% of our funds after 6 months, distributed in small tranches of 5-10% over several months, or even years. 💸
Why? Because paying 55% upfront after 6 months would cripple them financially. Instead, they'll use the users remaining funds to keep WazirX afloat, attracting more users like us and fool them. They know that after receiving our assets, many of us will likely leave, so they'll need new users to sustain operations. 🐟🎣
What WazirX should do is accept personal losses and encourage Binance to fully acquire WazirX without any conditions. This way, users can be made whole with 100% of their funds returned, restoring trust in the platform. 💯🤝
✅ What WazirX gains?
While they may not make immediate money, they'll earn respect for doing right by their users, potentially allowing them to profit from future ventures. 🌟
Wazirx will die or probably become the most shady exchange without Binance support. It's time for WazirX management to let it go, Accept the loss and do right by the users.
But as of now they've played really well, especially having users' crypto within the exchange and bull run ringing the bells around the corner. Even SBF should take a few lessons from this fraudster Shetty - How to play the victim card?
What a masterstroke!
