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Wazirx Says 'Poll Is Not Final' — Shares Additional Cyberattack Recovery Plan

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Indian crypto exchange Wazirx has assured users that the poll conducted to gather input for reopening the platform following the recent major cyberattack is not final and “not legally binding upon the users or Wazirx.” Co-founder Nischal Shetty explained that Wazirx “will soon launch a feedback form to collect more ideas.” He emphasized the importance of community input and promised ongoing transparency.

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Wazirx Says 'Poll Is Not Final' — Shares Additional Cyberattack Recovery Plan

Wazirx Emphasizes Community Feedback in Shaping Future Plans

On Monday, Indian crypto exchange Wazirx updated its users on efforts to reopen the platform for withdrawals and trading following a recent cyberattack that resulted in the theft of over $230 million. The exchange also explained its poll, which allows users to participate in the decision-making process regarding the platform’s reopening.

Wazirx clarified that the poll’s purpose is to collect user opinions and is not legally binding, emphasizing:

We reassure you that this poll is not final; it is designed solely to gather your feedback, better understand your views, and then take action that is best for the community.

The team is currently focused on reviewing the feedback to develop a plan that accurately reflects the community’s interests, the exchange noted.

Wazirx co-founder Nischal Shetty emphasized the importance of community input in shaping future actions on X Monday. He reiterated that the poll is a preliminary step and “not legally binding upon the users or Wazirx.” Shetty added:

We will soon launch feedback form to collect more ideas .. We are now looking into next steps based on all the feedback received.

“This is a major cyberattack and we need more time to work on resolution. Your support and feedback will help us navigate this effectively,” the co-founder continued. “We are committed to transparency and will continue to update you as we refine our approach based on your suggestions,” he concluded.

What do you think about Wazirx’s approach to incorporating community feedback in its decision-making process? Let us know in the comments section below.