CoinDCX Supports Victims of WazirX Hack

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by Giorgi Kostiuk

2 years ago

CoinDCX, a major cryptocurrency exchange, has expressed support for victims of the WazirX platform hack, which led to significant financial losses.

CoinDCX's Position on the WazirX Hack

Sumit Gupta, co-founder of CoinDCX, has expressed strong support for those affected by the WazirX hack, which occurred in July 2024 and caused significant financial losses.

Romy Johnson's Appeal

Social media user Romy Johnson called on CoinDCX founders Neeraj Khandelwal and Sumit Gupta to file a legal application in Singapore to take over WazirX and help recover funds. This appeal aims to encourage CoinDCX to intervene and provide a solution.

Future Steps for CoinDCX

Despite legal restrictions, Sumit Gupta stated that CoinDCX is ready to assist if WazirX's team approaches them for support. Court and creditor approval are required for intervention. CoinDCX is exploring various options for assistance.

CoinDCX has shown a willingness to support the crypto community in India and is committed to restoring trust and aiding the industry's growth.

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