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India’s leading crypto platform WazirX made an announcement to users after the cyber attack on July 18, 2024. The company decided to restore all account balances and cancel transactions, considering user feedback. This decision aims to maintain the platform’s integrity and provide a fair outcome for its users.
Exchange Announces After Cyber Attack
WazirX decided to cancel all transactions made after the suspension of withdrawals at 13:00 on July 18, 2024. All account balances at that date and time will be restored. This restoration process will be completed within a few days, and affected users will be informed via email.
WazirX’s decision is a critical step to protect the platform’s security and integrity. User trust is seen as the platform’s top priority, and this restoration is a significant move to protect users’ rights.
User Feedback Considered
WazirX stated on X that user feedback was considered in making this decision. The announcement stated that account balances would be restored to ensure user satisfaction and compensate for potential losses, aiming to strengthen users’ trust in the platform.
All transactions made after July 18, 2024, will be canceled, and user account balances will be restored. This decision aims to minimize the negative impacts users experienced after the cyber attack. Transaction cancellations will play a crucial role in compensating users’ financial losses.
