Security· ★★★· bearish·

WazirX Lost the Least in Hacks but Froze Withdrawals for 463 Days

  • —WazirX lost $235 million (45% of crypto holdings) and froze withdrawals for 463 days
  • —Bitget lost $387.5 million on September 24, 2026, and reopened BTC withdrawals in 85 hours
  • —Bybit lost $1.46 billion in February 2025 but never halted withdrawals
  • —WazirX users waited roughly 130 times longer than Bitget users for access to funds
Why it matters: The case shows that how fast users regain access depends on exchange governance rather than loss size, shaping trust in centralized platforms.
Source: The Crypto Times