Binance is distancing itself from WazirX — despite having announced the Indian exchange's acquisition as long ago as 2019.
A war of words between Binance CEO Changpeng Zhao and WazirX founder Nischal Shetty over who owns the Indian crypto exchange has entered a second day.Shetty and Zhao are distancing themselves from WazirX after Indian authorities froze some of its funds and accused the company of laundering money.
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Binance CEO says firm never completed WazirX purchase after funds frozenBinance founder Changpeng Zhao said the company never completed an announced acquisition of WazirX after news that India had frozen about $8 million in funds belonging to the latter.
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Binance CEO says firm never bought WazirX. Its founder disagrees.Binance founder Changpeng Zhao said the company never completed an announced acquisition of WazirX after news that India had frozen about $8 million in funds belonging to the latter.
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