Sumit Gupta, CEO of CoinDCX, has sharply criticized WazirX’s proposed compensation plan for users affected by a significant hack earlier this month. Gupta’s comments underscore growing discontent within the crypto community regarding the handling of the WazirX hack and its aftermath.
CoinDCX CEO Slams WazirX Hack Compensation Plan
Gupta’s remarks came in response to a poll released by the compromised Indian exchange. The poll offers two options for users seeking to regain access to their funds following the attack. The hack, which saw the theft of 45% of user assets, has placed WazirX in the spotlight, and the exchange’s response has been met with significant backlash.
Gupta’s criticism revolves around the inadequacy of the crypto exchange‘s response. He argues that the exchange’s handling of the situation prioritizes business interests over customer welfare. “Hate to be saying this, but the way WazirX is handling this entire situation isn’t community-first,” Gupta
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