Binance Denies Responsibility for WazirX Exchange Hack

Sep 18, 2024

Binance has denied ownership and responsibility for the recent $235 million hack on Indian crypto platform WazirX. In a blog post, Binance addressed claims made by Nischal Shetty, the primary owner of Zettai Pte Ltd, associated with WazirX, stating that it never completed the acquisition of WazirX due to Zettai's failure to fulfill obligations. Binance maintains that it has never owned or operated WazirX and bears no responsibility for the hack.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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