Business Standard

Allegations made by Binance 'false and unsubstantiated', says WazirX

This comes just days after Binance gave an ultimatum to Zanmai Labs, the parent company of WazirX, to not spread 'false claims' and stop using Binance's wallets by February 3

WazirX
Premium

Raghav Aggarwal New Delhi
Indian cryptocurrency exchange WazirX said that the allegations made against it by the world's biggest crypto exchange Binance were "false and unsubstantiated". It added that the exchange was taking steps to protect its "legal rights".

"The allegations made by Binance in their blog are false and unsubstantiated. As far as Binance's actions are concerned, we are taking the necessary steps to seek recourse and protect our legal rights," it said in a blog post.

This comes just days after Binance gave an ultimatum to Zanmai Labs, the parent company of WazirX, to not spread "false claims" and stop using Binance's

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in