WazirX Following Vauld Exchange Blueprint on Customer Misleading Narrative

Everything about WazirX hack to the new exit plans for the company dilution was part of the grand plan. And it’s not the first time the plan was executed. As per the industry investors this same plan was executed with the Vauld exchange.

And while executing the plan with the Vauld, turns out the customers got the less funds and the life turned out to be more risky and had more issues too. WazirX is doing what Vauld did to their customers.

So here’s one tweet that explained how the WazirX is using the vauld model to settle with the customers in their exchange hack.

So the pattern is something like this. You have an exchange. You bring the hackers into the system. You move the funds to the places where hackers would have the funds. Then you would feel publicly helpless.

Then comes the VC people and the companies like Kroll. And those companies would ask you to give funds back to the VC people and then restructure the company. And this way you would be spending money on legal setup and the VC.

Which means if a person spent 100 bucks then he would lose out on atleast 60 percent of his funds and then the people would have to be happy with the 40 percent of settlement. And they can’t do anything about it. As it is settled legally.

So here the people have a choice to deny the moratorium and make sure to keep filing the legal cases and ask for the refund from the snapshot of the wallet. Many times the funds would need to be more than 60 percent back.

WazirX users have lost the funds and there is nothing serious fair system would be able to do to get the funds back. It’s a sad state for the exchange users!