WazirX exchange is a mess. The company is formed in Singapore but the money stolen is from the Indian users. So it's like the people who want to scam are using the indian people and their money for scamming others. And this cycle is going to move from one exchange to another with new nation, new people.
WazirX got hacked and since then they took the investors and the consumers for the ride. This would be one of those scenarios where the owner of the company has made such a drama and only caused more issues.
Now that they have legal cases on both India and Singapore, it’d be only getting more legal and frustrating for the people to have such type of the dragged law suites and the issues which are less likely to get resolved.
Twitter has plenty of documentations tweets about indian officials investigating into the zenmai company which is indian side of the company for WazirX.
As you can see things are just taking the momentum. And whoever from the team of the community is asking the questions, they are asking the right ones. Which is going to show us the right direction for the growth too.
Let the WazirX respond to the govt officials. They didn’t took part because no official court issued against them as of yet. So this move going forward is going to set things in motion. More drama of Exchange hack and settlement in near future!