According to ChainCatcher, Nischal Shetty, co-founder of Indian crypto trading platform WazirX, released the latest security incident update. He said that the challenge now is to solve the problem quickly or continue to fight and delay the problem for many years.

Shetty mentioned that some people who have no vested interests are spreading hatred, trying to undermine the process of a quick solution, and even making up false stories and narratives to interfere.

He also revealed that WazirX will provide more clarifications every week and will present a complete plan for the token solution next week. After that, the platform will hold an AMA event to answer all users' questions about the token solution.