Binance Slams WazirX for “Misleading” Claims After Hack

Binance, the world’s largest crypto exchange, has called out WazirX, an Indian crypto exchange that was recently hacked for $235 million, for making “misleading” statements. Binance denies any involvement with WazirX and demands accountability from the Indian exchange’s team.

WazirX’s Claims: A Dispute Could Affect Users

WazirX’s parent company, Zettai, is currently in a legal dispute with Binance. WazirX claims that this dispute could affect its users, suggesting they might have to wait for the dispute to be resolved before they can access their funds.

WazirX’s statement claims that if Zettai’s application for a moratorium is denied, users will have to wait until the dispute with Binance is resolved to know who is responsible for their account balances.

Binance Rejects Liability and Calls for Accountability

Binance strongly rejects this claim, stating that their dispute with Zettai is unrelated to WazirX users. They also point out that Zettai is not seeking to declare Binance as the owner of WazirX.

Binance further condemns WazirX’s attempts to deflect blame for the hack with misleading statements. They urge users to stay informed and demand transparency from WazirX regarding the stolen funds.

Ultimately, Binance emphasizes that WazirX’s team needs to be held accountable for the loss of user funds under their management.