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Wazirx Assures Users: Cyberattack Poll Not Final

Wazirx Assures Users: Cyberattack Poll Not Final

Indian crypto exchange Wazirx assures users that the recent poll on reopening the platform after a cyberattack is not final.

Image of Tanishq BodhTanishq BodhNews

Jul 29, 2024

Written By Tanishq Bodh

Author: Tanishq Bodh

Written On: Mon, 29 Jul 2024 16:38:18 GMT

Indian crypto exchange Wazirx has assured users that the recent poll conducted to gather input for reopening the platform after a major cyberattack is not final and is “not legally binding upon the users or Wazirx.” Co-founder Nischal Shetty emphasized the importance of community input and promised ongoing transparency, announcing plans for a feedback form to collect more ideas.

Wazirx Emphasizes Community Feedback in Future Plans

On Monday, Wazirx updated its users on efforts to reopen the platform for withdrawals and trading following a cyberattack that resulted in the theft of over $230 million. The exchange explained that the poll is intended to gather user opinions and is not legally binding.

“We reassure you that this poll is not final; it is designed solely to gather your feedback, better understand your views, and then take action that is best for the community.” the exchange stated. 

The Wazirx team is currently reviewing the feedback to develop a plan that accurately reflects the community’s interests.

Next Steps and Continued Transparency

Wazirx co-founder Nischal Shetty reiterated the importance of community input on Monday, emphasizing that the poll is a preliminary step and “not legally binding upon the users or Wazirx.” 

“We will soon launch a feedback form to collect more ideas. We are now looking into next steps based on all the feedback received.” Shetty added.

“This is a major cyberattack, and we need more time to work on a resolution. Your support and feedback will help us navigate this effectively,” he continued. “We are committed to transparency and will continue to update you as we refine our approach based on your suggestions,” Shetty concluded.

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Wazirx Emphasizes Community Feedback in Future Plans

Next Steps and Continued Transparency

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