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WazirX: Decided to restore balances of all accounts and reverse all transactions on the platform after withdrawals were stopped on July 18

CointimeCointime2024/08/08 08:43
By:Cointime

Indian cryptocurrency exchange platform WazirX has announced on X platform that, after careful consideration and receiving a large amount of user feedback, it has decided to restore the balance of all accounts and revoke all transactions conducted on the WazirX platform after withdrawals were halted at 1 pm Indian Standard Time on July 18, 2024.All user asset balances on the WazirX platform will be restored to their state at 1 pm on July 18, 2024. The restoration process will be completed in the next few days, and affected users will receive notifications via email about the impacted transactions. This decision was made after careful consideration, with the aim of protecting the integrity of our platform and providing a fair outcome for users following the unusual network attack that occurred on July 18, 2024.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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