Binance’s CZ clarifies position after ‘incorrect reports’ on WazirX ‘acquisition’

Binance’s CZ clarifies position after ‘incorrect reports’ on WazirX ‘acquisition’


AMB Crypto
2022-08-06 06:00:26

Binance CEO Changpeng Zhao has claimed that the company “does not own any equity” in Zanmai Labs, the parent company of Indian crypto-exchange WazirX. This, a day after India’s Enforcement Directorate (ED) froze WazirX’s bank balances worth $8 million earlier. According to a statement, ED has been investigating WazirX since last year for its alleged […]