Binance CEO Accuses WazirX Of Being Uncooperative

Binance CEO makes serious accusations on WazirX as chaos ensues

In a recent tweet, Binance CEO CZ has accused the Indian crypto exchange of being uncooperative.

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CZ stated that they had asked the exchange to transfer the source code, deployment, and operations to which WazirX refused in February.

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He further accused the exchange of being uncooperative with both Binance as well as ED.

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CZ clarified that Binance has no control over the systems of WazirX.

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Earlier, the managing director of WazirX, Mr. Nischal Shetty, had claimed that they control all the crypto-to-crypto and INR-to-crypto transactions and only have an IP and preferential agreement with Binance.

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Shetty even said that Binance owns the WazirX domain name and has root access to AWS servers, all the crypto assets, and all the crypto profits,” asserting that Binance is the rightful owner of the exchange.

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ED on Friday had frozen bank balances belonging to WazirX, adding that the premises of a director of the company, Zanmai Labs, was searched on Wednesday.

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