One change: Name is Wrong. WazirX: Singapore ka Chor Exchange!

So they will lose investor money again?

we have hired a legal team to fight our case n represent us in singapore.we don't need to pay anything but if we win we will need to pay 1-10% of our portfolio.Anyone interested can give me ur name and portfolio value.we are still negotiating the % we need to pay.

WazirX must immediately return the unhacked user funds. It’s been over a year — we’ve waited long enough

#wazirx Brainless users whose tokens are hacked are begging unhacked tokens users indirectly through voting and it's called "Restructuring Scheme". Have some dignity you fools. I am preparing to file a case against @NischalShetty in Bangalore. #wazirxscam Say NO to VOTE!

WazirX’s “Recovery Scheme” Violates Investor Rights & Demands Judicial Intervention. I write this tweet to raise a grave and urgent concern regarding WazirX’s so-called “Recovery Scheme”, which, in my view and in the view of several other aggrieved investors, constitutes a deliberate violation of investor protection laws under Indian financial and consumer jurisprudence. Background: On the day of the 2025 hack, I held 1,331 XRP tokens in my fully verified WazirX account, valued at ₹58,000. These tokens were never compromised in the hack, yet they were unjustly frozen for over a year — denying me the opportunity to exit or rebalance during XRP’s massive price appreciation. As of July 2025, XRP trades at around ₹304. This means my original holdings would now be worth nearly ₹4,00,000. However, under the WazirX-proposed “Rebalanced NLPA”, I am now forcibly allocated only 191 XRP, currently worth ~₹57,796 — an 86% reduction in holdings. This “scheme” applies indiscriminately even to wallets that were never hacked, effectively penalizing users who bore no fault or exposure. Core Legal and Ethical Issues: 🔹 1. No Oversight by Indian Judiciary: The scheme is being implemented through a Singapore-based restructuring process, circumventing Indian laws and judicial authority. This amounts to bypassing Indian user protection frameworks, especially for a platform that onboarded users through Indian KYC and operated in INR. 🔹 2. Coercive Terms: Users are presented with an ultimatum — either vote “FAVOUR” of the restructuring, or forfeit their assets altogether. This coercive framework violates the principle of free, informed, and voluntary consent, especially under duress. 🔹 3. Unhacked Tokens Being Used to Socialize Losses: The scheme effectively forces holders of safe, untouched tokens to absorb losses on behalf of those affected by the hack, while the exchange avoids using its own operational reserves to compensate. This is an unprecedented misallocation of risk, contrary to industry norms. 🔹 4. Clear Alternative — Why Not Use Profits or Reserves? WazirX was, at its peak, one of India’s most profitable crypto exchanges, facilitating billions in trading volume and charging significant fees. Had even a fraction of profits or reserve capital been allocated to hacked users, the platform could have made them whole without haircutting untouched wallets. Exchanges like CoinDCX recently covered a $44M hack from internal reserves, with zero impact to user funds — setting a standard WazirX has clearly ignored. And many more core issues. Planned Legal Recourse: Given the clear violation of consumer rights, arbitrary asset confiscation, and jurisdictional overreach, we are now preparing to file a civil suit against Zanmai Labs Pvt. Ltd. (WazirX’s Indian operating entity) before the Hon’ble Bombay High Court, with escalation to the Supreme Court of India if necessary. This suit shall include: 1.A civil claim seeking recognition and protection of assets belonging to unhacked users. 2.An interim injunction to immediately freeze all asset distributions under the NLPA scheme until a court-monitored forensic audit and a just, transparent, and equitable recovery framework is approved. 3.A demand for WazirX to disclose full details of its reserve holdings, insurance policies, internal fund transfers, and the mechanics of the proposed NLPA redistribution. Call for Immediate Action: We urge: •Regulators (SEBI, RBI, and Ministry of Electronics & IT) to take immediate cognizance of this matter. •The Indian crypto and legal community to rally around affected users and support accountability. •WazirX management and investors to halt this unfair distribution and open the door for mediation or legal resolution. Community deserves better. Users deserve better. Help us make it happen.

Good morning fighters. Vote "Yes" = Loss your fund. Vote "No" = Get your fund. Mark my words or take screenshot. #Wazirxfraud #WazirX #WazirxScam

We The 7% are the ones who are compromised for paying the 93% users of @WazirXIndia . Biggest scam in technology. @narendramodi @IndiasCrypto Modi ji where is ur leadership for middle class. Arrest @NischalShetty , he did scam of 10000 cr. V need our full. unhacked coins back

Today is that black day when all the users of @WazirXIndia got scammed last year 18 th July 2024 & all our hard earned savings got locked under Restructuring Scheme. If you have minimum self respect left please face us in an open AMA. It's an open challange @NischalShetty

We The 7% are the ones who are compromised for paying the 93% users of @WazirXIndia and not @nischalshetty or @WazirXIndia But the truth is instead of respecting us the 93% users are praising NISCHAL. @WazirXIndia is actually @fakirx . Affected users share your rebalanced portfo

SCAMMER - LIAR - CRIMINAL ‼️@NischalShetty - 1 Year of #WazirxScam🚨 Exactly one year ago, #WazirX said To ensure the 👉🏼 ‘SAFETY OF YOUR ASSETS’, INR and crypto withdrawals will be temporarily paused A Year Later, Your Assets “Customer Assets” are now “PLATFORM ASSETS” WTF 🤬

@NischalShetty @WazirXIndia A genuine question from a humble user. Why are you not even trying to compensate users in whole? This is a standard practice that most of this industry tends to follow, so as to ensure mass adoption and prevent tarnishing the name of overall industry. Why is it out of the equation? Why are you not even trying to accept help from other exchanges like CoinDCX or foreign exchanges? Why are you paying four law firms, two senior partners, one retired judge and a top senior advocate specialising in international arbitrations to fight your own users in the Courts of: a foreign jurisdiction after being registered with Indian Authorities and operating out of India; and Multiple Indian Courts? If you can pay for all your legal battles from your own reserves, why can you not try to make your own users full in total? Why are you taking money from non affected users and giving it to affected users on the pretext of an equitable distribution? How is there no better solution out there? Its been a year since the hack. Accepting help would’ve been the best possible solution. Why was that not even in consideration? You are issuing recovery tokens to users on the pretext that they will get a part of the profits that the trading exchange generates. That’s literally a glorified version of saying get a user onboard claim 10% of their referral fees. What if you don’t generate profits? What if people have lost faith in your exchange and don’t want to trade on the platform anymore? Is it not clear that by issuing recovery tokens, you are literally forcing users to continue to use your platform and trade? By binding them to the platform for a long time, you will build up your own personal reserves, while users will never be made full and get back the bare minimum with these so called recovery tokens. Technically, if we think about it, users are all paying themselves back, again, with their own money. There is a revote happening in this case. Although I’m sure that I’ll lose since such things can be easily manipulated, this is still a request to other users. Vote, don’t vote, upto individual circumstances. Just think it all through. There has to be a better solution. I’d love to hear opposing views and any corrections in this post that one can think of. If someone from @WazirXIndia or @NischalShetty himself replies to this, nothing like it. If someone from the ministry ever sees this post, I hope they dig deep into this case and treat it as a wake up call for rules and regulations in this industry.

pehle WazirX ko luta,ab sharedum se scam karunga.kya mai sakal se chor lagta hu👇

A #WazirX user who had 12 Lakh portfolio of XRP tokens on July 18. Current market value of user’s asset is between 65-80Lakhs (5-6x) — so your idea of faster fund access is literally “STEALING ANOTHER USERS PROPERTY” 1. It’s not even yours to begin with 2. Stop Misleading

Usko jyada seriously mat lo bhai Itna hi tadap h toh nischal ya unke team se baat karao aur sacchai batao agar tum jhoot bol rahe ho toh Jhoot clarify chhod ke bhai ab discussion discussion khel rahe h

@IndiasCrypto Amol , Amul hi rahega..

Yo can i also join? Happy to chat shit against FraudX.

Amul Bhai, discussion shuru hone se pehle hi misinformation spread kar rahe ho aap. Im not even a lawyer🤣jinko discussion pe invite kiya hai unke baare mein hi nahi jante ho toh aage discuss karne ka kya fayda? Respectfully I decline.Thanks for the invite.Oops, I meant Amol Bhai

Mere Paise Lautaa @WazirXIndia @NischalShetty 😭

Good job bro .