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https://www.gate.com/announcements/article/45974
$WRX price fell by 5.84%, WazirX disclosed that 40% of its customer assets are held in a third-party exchange
gate News: According to Cryptoslate, Indian encryption exchange WazirX recently disclosed its Proof of Reserves (POR) report, showing that over 40% of customer assets are stored in third-party exchanges. Previously, the exchange froze user funds due to a $230 million network attack in July and suspended most cryptocurrency withdrawal services, and WazirX is now undergoing restructuring through legal processes.
According to gate data, the price of $WRX has dropped by 5.84% in the past 24 hours, with the current price at $0.1095, market value at $48.75M, and 24-hour volume at $3.95K.
and proved the deception of Token and the company!
How can 40% of the assets be stored with a third party without any third party guarantee!
I never trust Indian companies!
and it is proven that the token and the company are deceiving!
How can 40% of its assets be kept by a third party without any guarantee from the third party!
I never trusted Indian companies!