Some users have reached out regarding an alleged discrepancy on whether the WazirX Bitcoin wallet indeed holds 1,475 Bitcoins. This figure is correct. 337 Bitcoins (approximately US$18m) are held on trust for various law enforcement agencies. Therefore, the affidavit’s figure of 1,138 Bitcoins represents only the unsecured liabilities in Bitcoin owing to the users of the Platform.
Why is there a discrepancy between the BTC holdings stated in the affidavit and those held in the wallets?
