WazirX Crypto Heist: Nischal Shetty Making False Claims To Implicate Us, Says Binance

WazirX Crypto Heist: Nischal Shetty Making False Claims To Implicate Us, Says Binance

SUMMARY

Binance said it is not a party to WazirX’s user agreement, has never owned WazirX, and has never held any WazirX user fund

Binance also claimed that Nischal Shetty is trying to mislead WazirX customers and the market and perpetuate an inaccurate narrative

The row comes a few months after WazirX was hit by a major crypto heist, which saw hackers steal more than $230 Mn in crypto assets

Crypto exchange Binance has alleged that WazirX cofounder Nischal Shetty is trying to “falsely implicate” Binance in the $230 Mn crypto heist at the Indian crypto platform.

In a lengthy blog post, Binance claimed that Shetty made “several inaccurate statements” in sworn affidavits before the Singapore High Court (HC) in connection with the ongoing dispute between Zettai (which holds the shares in WazirX parent Zanmai Labs) and Binance.

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