Back
Nawal
Entrepreneur | Build... • 9m
The Hell is going on 🔥 American cryptocurrency giant Binance has accused the WazirX team and its founder. Nischal Shetty, of "misleading" customers and the broader market about the nature of their relationship. "The WazirX team and Nischal Shetty continue to mislead WazirX customers and the market regarding the relationship between WazirX and Binance. Binance has not owned, controlled, or operated WazirX at any time, including before, during, or after the July 2024 attack." Binance further urged the WazirX team, operating under Zanmai/ Zettai, to take responsibility for WazirX users and compensate them for the funds lost under their management. The company emphasized that WazirX's obligation to its users is entirely separate from its ongoing dispute with Binance. Their attempts to shift responsibility is a disappointing deflection tactic, but it should not distract anyone from the glaring issue to be addressed here.
Replies (2)
More like this
Recommendations from Medial
Shuvodip Ray
Never compromise wit... • 4m
India’s Finance Ministry has ordered the Financial Intelligence Unit (FIU) to investigate WazirX for fraud, following the ₹2,000 crore hack that happened months ago. With over ₹4,500 crore in user funds at risk, criminal charges could be coming soon.
See More
project sankalan
advertise on India m... • 12m
WazirX Co-founder Nischal Shetty said he has been "unable to sleep or eat" since hackers stole assets worth ₹1,965 crore from the crypto exchange platform. "But that does not matter...We're tirelessly working on next steps," Shetty wrote on X. The pl
See More
Vishwanath S J
Turning Dreams into ... • 9m
The relationship between a manager and their team members is foundational to a productive and positive work environment. This relationship significantly impacts team performance, employee satisfaction, and organizational success. The dynamic between
See More
Jeet Sarkar
Technology, Developm... • 1y
A whale once again accumulated 95,400 LINK from Binance According to financial reports, according to Scopescan monitoring, 6 hours ago, the whale "0xe0f3" continued to accumulate 95,400 LINK (USD 1.8 million) from Binance, bringing its holdings to 2
See More
Rahul Sharma
Growth & Research @Z... • 12m
Now, WazirX has been hacked and over $234 Million Dollars are on the line. Who will going to trust this Ecosystem, Is all CEX can be hacked? This hack certainly leads to impact a sort of trust and security issue in Indian exchanges and their ecosy
See More
Download the medial app to read full posts, comements and news.