As Bitcoin prices soar to $71,000, WazirX users are expressing frustration on social media, voicing concerns over locked funds and the lack of communication from the exchange’s founder, Nischal Shetty.
Prominent crypto influencers and everyday users have taken to Twitter, expressing disappointment and anger towards the WazirX management and regulatory response, as they feel left out of the profits due to restricted fund access.
@IndiasCrypto set the tone with a blunt tweet: “Bull run is here. Where is Mr. Nischal?” highlighting the widespread frustration over the founder’s silence while user funds remain inaccessible.
Users like @AmolJagde have shared personal struggles, listing issues such as a 45% loss of funds, ignored medical bills, and missing out on the bull run’s potential. “Our founder ignores us, and our government does too,” he wrote, emphasizing the feeling of abandonment and the lack of support for WazirX customers.
Meanwhile, @BudhilVyas criticized the lack of regulatory clarity, tweeting, “#WazirX drama continues, Indian govt still clueless about crypto. Millions of Indian traders deserve better.”
He tagged government officials, asking, “Where’s the user protection?” He shared an image of the Supreme Court with a “We Need HELP!” sign, symbolizing users’ cries for government intervention.
User @Vinit925 added to the chorus, questioning the absence of promised initiatives like a voting scheme and court approval, writing, “#NischalShetty ji, where are you? Where is our fund? Bull run has begun. Do something fast, Nischal!” This tweet resonates with others seeking clear answers and urgent solutions.
In a separate tweet, @AmolJagde urged Nischal to hand over WazirX’s ownership to Binance, suggesting this could restore trust. “If you do this, it will be a Diwali gift for us,” he said, underscoring the importance of timely action as the bull run accelerates.
The Twitter uproar reflects mounting anxiety among WazirX users who feel left out of the crypto market’s gains. Many demand immediate fund accessibility, transparency, and accountability from Shetty and the platform’s leadership before they miss out on potential profits.
Also Read: WazirX Plans Maintenance, Users Anxious about Funds
