WazirX paid ₹342.28 crore to Qizil21 Software, a company owned by co-founder Nischal Shetty and his wife, in FY 2021–22. The same company received just ₹28 crore the previous year. No explanation has been provided for this steep increase in business auxiliary payments. Thus, raising concerns on whether the real vulnerability behind the WazirX hack was poor cybersecurity or the decisions made long before the attack?
