CoinDCX, an Indian cryptocurrency exchange, has come under fire for its restrictions on crypto withdrawals, leading to frustration among users. The platform's withdrawal policies and potential issues with regulatory compliance have raised concerns about its Know Your Customer (KYC) procedures. CoinDCX co-founder Sumit Gupta addressed the withdrawal issues, explaining the risks of relaxing restrictions. Meanwhile, India's largest exchange, WazirX, suffered a hack resulting in the theft of $230 million, leading to financial losses for investors and uncertainties regarding legal and financial consequences. WazirX has frozen all trading and withdrawals as it works to recover from the breach.



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