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Indian Crypto Exchange Wazirx Calls Binance’s Allegations ‘False and Unsubstantiated’ — Seeks Recourse – Exchanges Bitcoin News

Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” Wazirx stressed. “As far as Binance’s actions are concerned, we are taking the necessary steps to seek recourse and protect our legal rights.” Wazirx

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WazirX Calls Binance Allegations ‘False and Misleading,’ Plans to Seek Recourse

The spat between Binance and Zanmai Labs, the Singapore-based parent of WazirX, is about who truly controls the Indian exchange. The internal dispute became public in August 2022 when Binance CEO Changpeng "CZ" Zhao first tweeted that Binance didn't control WazirX, resulting in WazirX co-founder Nischal Shetty hitting back later. Source

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