The WRX token loses 90 percent of its value after being delisted from Binance, resulting in user losses on WazirX of more than 50 crore rupees and a decrease in the exchange’s assets by $50 million 💸📉

After the delisting of the WRX token from Binance, its value dropped by 90 percent, leading to user losses on WazirX amounting to more than 50 crore rupees. The WRX tokens became part of the exchange’s funds after a hacker attack in July, during which cryptocurrencies worth 2000 crore rupees were stolen. According to the latest report, the remaining funds of the exchange total $248.35 million, but their value has decreased by $50 million. The WazirX team is using these funds to cover legal expenses and launch new projects without the consent of users.