I was just talking to a friend from India, and he mentioned that the largest crypto exchange in India, WazirX, was hacked a few weeks ago. Unfortunately, he lost a large portion of his savings and investments.
They aren't even sure if it was really a hack or if the founders just stole the money, founders have already left the country.
Moral of the story: Not your keys, not your coins.
hard lessons
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It's going to be really tough for a lot of people. 230 million customer funds disappeared. 😬
yeah that’s absolutely devestating.
230 million customers?!? 😮 that’s probably the same amount as or more than every crypto holder in the US!
Sorry I missed the dollar sign. $230 million is still quite significant. It's worth noting that India is not a high-income country.
