$WRX AN INSIDER GAME ON POINT 🎯
I have suffered loss like many other Indians. ₹50000 ($600) might not break me, I can easily absorb this loss, what's bothering me is the ease with which our money can be stolen, with no one held accountable. It sends a dangerous message to others that anyone can steal our money and get away with it.
FIU is just a bloody clown who's only concerned about 30% taxes, but not about investors' hard earned money. The useless Govt. has done nothing till date and the ongoing investigation is just a mere lollipop.
Now here comes the real alpha. An Indian KYC user part of the hacker team registered on WazirX just a week before the hack and deposited ₹1 crore ($119K) in crypto on WazirX to prepare for the hack.
After depositing funds, the hacker began trading on the platform and purchased GALA tokens slowly. After acquiring a good amount of GALA tokens, the hacker initiated withdrawals on 18th July, gradually draining the WazirX gala hot wallet. This prompted the WazirX team to transfer more GALA tokens from their cold wallet to the hot wallet. This series of events eventually led to the hack.
Question - How did the hacker know that WazirX was running low on GALA tokens in their hot wallets?
Now this fraud Shetty personally did not sign the transactions that led to the WazirX hack, while the other 3 team members did. Who are they?
Among the 5 signatories from WazirX, Shetty held 2 signatures, with the remaining 3 members holding 1 signature each.
Source - 100% Verified #WazirX Insider
It was the bad luck of the owner of FTX that he did not get registered in FIU India. Otherwise, he would have been enjoying himself today.
And this fraud Shetty, look at his good fortune, he looted the people of a country where the government is only concerned with taxes.
The concern is we Indians are becoming vulnerable to such things and it has become a norm. How long will this continue?