Thanks for the advice. I’ll definitely look into moving my funds to a personal wallet and making sure I have a backup. It’s a tough lesson learned, but I appreciate the guidance. Hopefully, WazirX can resolve this issue soon, but I have my doubts. I had stored my funds there to withdraw for my monthly payments. With so many P2P scams, I felt like I had no other choice.
Sorry about your loss it is indeed a tough lesson learnt. Always remember not your key, not your coin, and never believe in a CEX to keep your coins. They can always be hacked or a rogue employee and take your money and elope without any trace. India does not have any policy or law to safeguard those who are in the crypto business. It is a hard time now but slowly things might change for the community if by September of this year, a regulatory framework is put in place by the government.