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.
WazirX $230 Mn hack case: Binance says WazirX CEO Nischal Shetty ‘misleading’ customers
In a dramatic turn of events following the $230-million hack on WazirX, global crypto exchange Binance has issued a public statement accusing WazirX's team and founder, Nischal Shetty, of misleading both the market and customers about their relationship.
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 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 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 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 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,
Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express
A Chinese USDT trading studio laundered crypto tied to illegal online gambling and telecom scams, and Bhutan was revealed as ...
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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 ...
Binance hits back: We never acquired or controlled WazirX, refers to co-founder's “I’m still running WazirX” post
Binance has refuted claims of involvement in the July 2024 WazirX hack, asserting no operational control over WazirX. The ...
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 ...
DUSK price set for a rally after finding support around key level
Dusk price retests and finds support around the 50% price retracement level at $0.195, eyeing a rally ahead.
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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 ...