๐จ๐จ Let's Pay Attention To This ๐จ๐จ
In the biggest CRYPTO HEIST of 2024, users of Wazir X are left wondering what exactly has happened and many went into a mental trauma. Will there be any possibility in the near future to get access to the funds, those hard earned money of users who trust the exchange because of it's transparency?
But something really interesting caught my eye that has led to a point where many will raise eyebrows. See that Image. That's the FAQ section of Wazir X's official website. It clearly says (highlighted) " Multiple private keys are required to perform certain tasks making it impossible to get compromised or non accessible".
So that means multiple private keys have been compromised. After all the initiation came from the first signatory and that too from Wazirx. Nischal Shetty, WazirX CEO said in a reply to someone's tweet
"A transaction typically requires approval from three of the WazirX signatories (all three of whom use Ledger Hardware Wallets for security), followed by the final approval from Liminal's signatory."
So the first 3 signatories came from Wazirx to finally land at Liminal's desk to put the final stamp. And there you go!! VOILA!! Transaction Approved.
Looks like a clear insider job, Isn't it?
God I made the right move back in 2021 transferring 90% of my portfolio to Binance. But I'm still worried about that 10%. Hope things get stable quickly ๐๐ผ
