WazirX Under Fire for Poll on Post-Hack Recovery Strategy

The post WazirX Under Fire for Poll on Post-Hack Recovery Strategy appeared first on Coinpedia Fintech News

WazirX, an Indian crypto exchange, is under fire from customers and industry players for its poll after the $230million hack. The poll, intended to gauge customer preferences, offered two options: obtain 55% of the funds without withdrawals for priority of reimbursement or with second priority of reimbursement. The owner of WazirX, Nischal Shetty, cleared the air during the live Twitter session. He said the poll is not legally binding and is a preliminary measure taken to gauge the customer’s views. The given outputs of ideas are not the final conclusion of the strategy but WazirX plans to further take a feedback form where it will receive more ideas to be implemented.