WazirX and Binance Founders Trade Ownership Claims - Aliens: AI Crypto News & Markets Updates

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WazirX and Binance Founders Trade Ownership Claims

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Sat, Aug 06, 2022

Binance CEO Changpeng Zhao said the global crypto exchange didn't own a stake in WazirX's parent entity Zanmai Labs. Still, WazirX founder Nischal Shetty said the deal his company struck involved Binance's parent entity.

Zhao said Binance could disable WazirX wallets on a tech level, but he didn't want to hurt users. Zhao wrote that Binance never had control of users, KYC, etc., in WazirX.

Source: Economic Times

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