🚹Crypto Comedy Hour: WazirX's $230M Hack Recovery Plan!🚹

In a plot twist worthy of a blockbuster, Indian crypto exchange WazirX has rolled out a "fair and transparent" socialized loss strategy after a $230 million hack. 🎭

Here's the scoop:

- 55% of user assets are unlocked immediately. đŸ„ł

- The remaining 45%? Locked in USDT-equivalent tokens. 🔒

Users get to vote on asset management options via the WazirX app or website. Deadline: August 3, 2024, 7:00 AM IST. đŸ—łïž

WazirX aims to distribute the impact evenly, ensuring no one bears too much of the burden. Thoughts? Drop 'em in the comments! 💬

#CryptoNews #WazirXHack