WazirX Scraps Proposal to Share $240 Million Loss with All Users – Files FIR Report

Insights by: John Parsaie & Sumit Kochar WazirX, India’s largest cryptocurrency exchange, was victimized by a major cyber-attack that resulted in the loss of $230 million in funds. As part of its initial damage control strategy, the exchange proposed a loss-sharing plan that would distribute the impact of the loss among all of its users. […]

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