WazirX, the Indian crypto exchange, reportedly moved $75 million in user assets following a significant security breach in July.
This transfer raised eyebrows because users were not informed immediately about their funds being moved to exchanges like KuCoin and Bybit.
The CEO of CoinSwitch, Ashish Singhal, shared these details, fueling concerns about WazirXâs transparency during the incident.
This hack, which targeted user funds, left many users in the dark about the safety of their assets.
WazirX has since faced scrutiny not only for how it handled the breach but also for moving such large sums without prior notice to its users.
The hack and subsequent actions have caused frustration and a loss of trust among the platform's community
