Binance detaches self from liabilities after WazirX hack
Business Standard|September 20, 2024
Global cryptocurrency giant Binance has asserted that it never owned or controlled WazirX before or after the embattled Indian exchange was hacked in July that led to a security breach of more than $230 million.
AJINKYA KAWALE
Binance detaches self from liabilities after WazirX hack

Binance added that there was no legal basis for the firm to be liable for claims made against the embattled crypto exchange.

It refuted WazirX's claims that the global exchange owns the company, adding that it does not operate the platform.

Zettai operates WazirX in India.

This story is from the September 20, 2024 edition of Business Standard.

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This story is from the September 20, 2024 edition of Business Standard.

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