Binance CEO Warns 'We Could Disable Wazirx Wallets' — Advises Investors to Transfer Funds to bianance.
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Binance’s Warning: Transfer Your Funds
The conflict between global crypto exchange Binance and Indian crypto exchange Wazirx has deepened. Binance CEO Changpeng Zhao (CZ) tweeted Friday, advising anyone with funds on Wazirx to transfer them to Binance. He warned: “We could disable Wazirx wallets on a tech level.”
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Binance CEO Warns 'We Could Disable Wazirx Wallets' — Advises Investors to Transfer Funds to Binance Binance CEO Changpeng Zhao (CZ) has warned
that his company could disable Wazirx wallets on a tech level, advising anyone with funds on the Indian crypto exchange to transfer them to Binance. The warning followed numerous tweets by CZ and Wazirx’s founder regarding whether Binance
acquired Wazirx Binance’s Warning: Transfer Your Funds The conflict between global crypto exchange
Binance and Indian
crypto exchange Wazirx has deepened Binance CEO Changpeng Zhao (CZ) tweeted Friday, advising anyone with funds on Wazirx to transfer
them to Binance He warned: “We could disable Wazirx wallets on a tech level.” The dispute between Binance and Wazirx began when India’s Directorate of Enforcement
(ED) froze the bank assets of Wazirx as part of
its money laundering investigation. Following the ED’s announcement, Binance’s CEO quickly denied that his company had acquired Wazirx — almost three years
after the two exchanges announced the acquisition. While Zhao claimed that the acquisition of Wazirx “was never completed,” Wazirx founder Nischal Shetty disagreed
and maintained that his exchange was indeed
acquired
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