News Explorer — Binance Denies Responsibility for WazirX Exchange Hack

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Sep 17, 8:21 pm

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Binance Denies Responsibility for WazirX Exchange Hack

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.

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.

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