Embattled Indian exchange WazirX has announced the reopening of Indian Rupee (INR) withdrawals a few weeks after it lost $230 million in a cyberattack.
The crypto exchange plans to allow users with INR balances to withdraw 66% of their assets for now, but 34% remain frozen due to ongoing disputes and investigations by law enforcement agencies.

The exchange disclosed that users can withdraw half of the available 66% from August 26, 2024, to September 8, 2024. The other half would be available for withdrawal between September 9 and September 22, 2024. It did not specify when or whether the 34% balance would be available.
WazirX crypto holders get the short end of the stick

The exchange can distribute Indian rupees because its operating entity, Zanmai Labs, held the INR balance and was unaffected by the hack. However, customers with cryptocurrency balances are in a worse position due to the cyberattack, as the exchange lost most of its ERC-20 tokens.

This means the exchange balance is insufficient to cover the customer’s assets, making it impossible to resume crypto withdrawals.
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Former Ripple executive Michelle Bond has been charged with conspiring to cause and causing illegal finance contributions by the U.S. Department of Justice.
Bond and her domestic partner Ryan Salame, a former FTX executive, have been accused of illegally funding the former's campaign for the U.S. House of Representatives for New York's first congressional district in 2022.
Salame allegedly arranged a $400,000 payment from the exchange that was entirely used to fund Bond's unsuccessful campaign, which ended during the primaries phase of the election.
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After hiring a political consulting firm, Bond was advised that she could self-fund her campaign, but these funds had to come from her own pocket.
Bond ended up receiving $400,000 as part of her "consulting agreement" with the FTX exchange. However, she did not perform any services in exchange for the aforementioned sum.
Salame, the top lieutenant of disgraced FTX founder Sam Bankman-Fried, was sentenced to seven years behind bars earlier this year. This came after his former boss received a 25-year prison sentence. Bankman-Fried was convicted of pulling off a billion-dollar fraud last November.
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Recently, Salame asked a judge to block his girlfriend's indictment or vacate his conviction.
Bond joined Ripple as the company's global head of government relations in 2019. She then left Ripple the following year to serve as the CEO of the Association for Digital Asset Markets (ADAM).

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Vs
Dogs total supply is 100 quadrillions.

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1 quadrillions = 1000 trillions

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Indian crypto exchange has been hacked 2 days back, wazirX the crypto price is sinking, keep an eye as soon as it gets resolved it will rise up a bit for sure. Good oppurtunity to make some fast gains. #WAZRIX #WazirXIndia #WazirXHack #india_crypto #IndiaCryptoBan $WRX