Binance is distancing itself from WazirX — despite having announced the Indian exchange's acquisition as long ago as 2019.
A war of words between Binance CEO Changpeng Zhao and WazirX founder Nischal Shetty over who owns the Indian crypto exchange has entered a second day.Shetty and Zhao are distancing themselves from WazirX after Indian authorities froze some of its funds and accused the company of laundering money.
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Binance CEO says firm never completed WazirX purchase after funds frozenBinance founder Changpeng Zhao said the company never completed an announced acquisition of WazirX after news that India had frozen about $8 million in funds belonging to the latter.
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Binance CEO says firm never bought WazirX. Its founder disagrees.Binance founder Changpeng Zhao said the company never completed an announced acquisition of WazirX after news that India had frozen about $8 million in funds belonging to the latter.
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WazirX CEO's project Shardeum is raising funds at a $200 million valuationShardeum, a blockchain scaling project, is raising funds at a $200 million valuation, sources tell The Block.
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India Freezes Crypto Exchange Wazirx's Bank Assets — Binance Claims Acquisition of Wazirx Was 'Never Completed' – Exchanges Bitcoin NewsIndia has frozen bank assets of crypto exchange Wazirx. Binance says it would be happy to work with the Indian authority 'in any way possible.' CZ cryptocurrency bitcoin
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Binance CEO says firm never completed WazirX purchase after funds frozenBinance founder Changpeng Zhao said the company never completed an announced acquisition of WazirX after news that India had frozen about $8 million in funds belonging to the latter.
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Binance CEO says firm never bought WazirX. Its founder disagrees.Binance founder Changpeng Zhao said the company never completed an announced acquisition of WazirX after news that India had frozen about $8 million in funds belonging to the latter.
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