Binance accuses WazirX of misleading customers after $230 million hack
Binance, a leading global cryptocurrency exchange, has accused WazirX and its founder Nischal Shetty of providing misleading information to their customers. This accusation comes in the wake of a recent $230 million hack on WazirX.
Binance addresses WazirX and Zettai accusations on the July hack
Binance responded to accusations from WazirX and Zettai by releasing a blog post on Tuesday clarifying how its ongoing dispute with WazirX impacts the recovery of over $230 million in user funds that was lost during the July cyberattack, emphasizing that safeguarding user assets is a fundamental responsibility of any cryptocurrency platform.
Binance clarifies it never controlled WazirX, urges exchange to compensate hacked users
Binance has denied any relationship with Indian exchange WazirX, noting that it never owned or controlled the crypto platform, which recently lost over $230 million to a hack. In a statement published on its website today,
Binance urges WazirX to compensate users after $235M hack
Binance denies ownership and control of WazirX after the $235M hack, urging the Indian exchange to compensate affected users.
Binance Issues Statement, Denies Involvement in $230,000,000 Hack of Crypto Exchange WazirX
The world’s leading cryptocurrency exchange by trading volume is distancing itself from a cyberattack that recently compromised the WazirX trading platform. In a statement released today, Binance said that it has never owned,
Binance Denies WazirX’s Blame Over $235M Loss, Urges User Compensation
Binance denies WazirX's claims of ownership and responsibility for a $235 million hack, urging WazirX to compensate users
Binance calls WazirX’s blame game over $230-mn hack a ‘deflection tactic’
WazirX founder Nischal Shetty and its legal advisory team had said in an earlier townhall that Binance given its disputed acquisition of the former, held majority of the revenues, cash flows or profits of WazirX parent Zettai restricting the former’s ability to repay affected customers from its own books.
Binance denies role in WazirX hack, accuses CEO of misleading users
Binance has clarified its stance regarding its role in the WazirX fiasco, distancing itself from the company, while accusing the Indian exchange’s management of misleading users. In a September 17 blog post,
Indian crypto exchange WazirX struggles to recover funds 60 days after hack
Two months after hackers managed to steal over $230 million from India-based crypto exchange WazirX, the status of customer ...
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Binance hits backs: We never acquired or controlled WazirX, refers to co-founder's “I’m still running WazirX” post
The blog post states that Binance never acquired or controlled WazirX. “While a contract had been signed between the parties, ...
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WazirX Hacker Moves $32M Stolen Ether in Four Days to Tornado Cash as Binance Denies Founder’s Claims
WazirX founder Nischal Shetty claimed earlier this month that the ultimate owner of the crypto exchange was Binance - a ...
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WazirX Crypto Heist: Nischal Shetty Making False Claims To Implicate Us, Says Binance
Binance has alleged that WazirX's Nischal Shetty is trying to “falsely implicate” it in the $230 Mn heist at the Indian ...
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WazirX Decides to Use ₹100 Crore from Users to Fund Legal Fights
On Saturday, cryptocurrency exchange WazirX doubled down on its contentious decision to allocate INR 100 crores from user funds to cover legal costs.
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WazirX Hack: Bleak Outlook if Singapore Moratorium is Rejected
WazirX faced a $230M hack and sought a Singapore court moratorium. If denied, restructuring delays could leave users in ...