WazirX Quietly Moves Funds from Bybit After $1.5 Billion Hack, Users Left in the Dark
- WazirX discreetly withdrew its funds from Bybit after the $1.5 billion hack.
- Users have been unable to access their funds since the July 2024 hack.
- Despite Bybit’s recovery, WazirX has not resumed withdrawals, leaving users questioning the exchange’s priorities.
Following the $1.5 billion Bybit hack on February 22, WazirX quietly withdrew its funds from the exchange without informing its users. This move has raised concerns about transparency, as WazirX users have been unable to access their funds since a separate hack in July 2024.
WazirX’s Quiet Fund Movement: Silence Speaks Volumes
Right after the Bybit hack hit, most exchanges assured users their funds were safe. However, WazirX discreetly withdrew millions of dollars from Bybit. Recall that in October 2024, WazirX moved $75 million to various exchanges, including Bybit and KuCoin.
This latest withdrawal from Bybit has raised questions about whether the exchange is prioritizing the safety of its own assets while keeping users in the dark.
Crypto analyst Aditya Singh shared transaction proofs on X. He stated that WazirX withdrew its funds from Bybit immediately after the hack but has failed to…
The post WazirX Quietly Moves Funds from Bybit After $1.5 Billion Hack, Users Left in the Dark appeared first on Coin Edition.
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WazirX Quietly Moves Funds from Bybit After $1.5 Billion Hack, Users Left in the Dark
- WazirX discreetly withdrew its funds from Bybit after the $1.5 billion hack.
- Users have been unable to access their funds since the July 2024 hack.
- Despite Bybit’s recovery, WazirX has not resumed withdrawals, leaving users questioning the exchange’s priorities.
Following the $1.5 billion Bybit hack on February 22, WazirX quietly withdrew its funds from the exchange without informing its users. This move has raised concerns about transparency, as WazirX users have been unable to access their funds since a separate hack in July 2024.
WazirX’s Quiet Fund Movement: Silence Speaks Volumes
Right after the Bybit hack hit, most exchanges assured users their funds were safe. However, WazirX discreetly withdrew millions of dollars from Bybit. Recall that in October 2024, WazirX moved $75 million to various exchanges, including Bybit and KuCoin.
This latest withdrawal from Bybit has raised questions about whether the exchange is prioritizing the safety of its own assets while keeping users in the dark.
Crypto analyst Aditya Singh shared transaction proofs on X. He stated that WazirX withdrew its funds from Bybit immediately after the hack but has failed to…
The post WazirX Quietly Moves Funds from Bybit After $1.5 Billion Hack, Users Left in the Dark appeared first on Coin Edition.
Read More