Just-In: CZ Accuses WazirX CEO of Playing “Deception Wording Games”

Changpeng Zhao (CZ), Binance Chief is actively trying to clear doubts around the Enforcement Directorate (ED) investigation of WazirX. Meanwhile, CZ has also accused Nischal Shetty of being uncooperative in the process.
WazirX not cooperating with Binance?
In the latest turn of events, CZ replying to a Tweet by Nischal Shetty, co-founder of WazirX said that people are “playing deception wording game.”
He added that Binance can shut down the domain but this will just hurt the users. However, they hold no control over WazirX’s trading system. CZ claims that the Indian crypto exchange just gave them the AWS login without any source code and deployment capability.
CZ mentioned that Nishcal retained access to the AWS account, source code, deployment and many more.
Binance Chief accused WazirX of being uncooperative with them and he believes that they are also not cooperating with ED as well in this case. CZ mentioned that in February 2022 Binance asked for transferring system source code, deployment and operations of WazirX. However, the Indian crypto exchange platform refused to do this transaction.
CZ asked the users holding funds on Wazirx to transfer them onto Binance. He highlighted that Binance has the power to disable WazirX wallets on a tech level. However, he can’t and won’t do that as he doesn’t want to hurt them.
Does Binance have full control?
Earlier, Nischal Shetty targeting the CZ said that Binance holds control of WazirX. He mentioned that they have ROOT access to AWS and Binance holds WazirX’s domains completely.
He further added that Binance charges all the fees for crypto-crypto trading and withdrawals. However, Zanmai India only charges INR-crypto trading fees and INR deposit and withdrawal fees.
Meanwhile, a Twitter user asked CZ why he and Nischal Shetty is fighting on the social media platform. To this Binance head replied that they are not fighting. He just wants to provide help in this situation.
- Polymarket Founder Shayne Coplan Teases Potential POLY Token After $2B ICE Deal
- FOMC Minutes Signal Fed Open to More Rate Cuts This Year, Bitcoin Bounces
- North Dakota To Issue ‘Roughrider’ Stablecoin Following Wyoming’s Footsteps
- Ethena Labs and Jupiter Partner to Launch JupUSD Stablecoin on Solana
- BlackRock’s Bitcoin ETF Leads ETFs With $3.5B Weekly Inflows as It Eyes $100B in AUM
- Bitcoin Price Prediction as US Govt. Shutdown Extends- What’s Next for BTC?
- Solana Price Megaphone Points to a Parabolic Move as SOL Treasuries Near $3B
- XRP Price Prediction Amid ETF Approval Roadblock as Analyst Warns of $2.72 Dip
- Binance Coin Price Prediction If It Surpasses Bitcoin Marketcap— Is $3000 Possible in 2025?
- ASTER vs HYPE Price Analysis – Which Perp DEX Token Looks Poised to Dominate Q4 Performance?
- Ethereum Price Could Soar to $6,500 as BlackRock’s ETF Nears $20B Milestone