The acquisition of India-based platform WazirX was disclosed two and a half years ago, but the world's largest exchange doesn't own it anymore.
The company has been trying to conclude the deal for the past few years, but hasn't completed the transaction yet due to a few issues.
WazirX was acquired in late 2019. A picture of the WazirX founders was included in the official post.
The acquisition of WazirX shows our commitment and dedication to the indian people, as well as another step forward in achieving the freedom of money, according to the post.
In a separate post, WazirX said that it had been acquired.
There is a news item about WazirX that was shared by a person named Zhao.
The founder of WazirX said Friday that he did not own any equity in the company.
WazirX was acquired by Binance in a post published on November 21st. The transaction was never finished. He wrote that he had never owned any shares of WazirX.
Brinance only offers wallet services for WazirX. Off-chain tx is used to save on network fees. He said that WazirX is responsible for all aspects of the exchange.
WazirX's assets were frozen due to suspected violation of foreign exchange rule.
There are recent allegations about the operation of WazirX and how it is managed. Law enforcement agencies all over the world work with the same company. We would love to work with ED.
In its order Friday, the Indian anti-money-laundering agency said that it rarely responds to queries sent to its official legal compliance email address.
WazirX is the biggest exchange in India. The company said its yearly trading volume exceeded $43 billion in 2021. Several other Indian exchanges are provided with the platform's technology.
Nischal Shetty is the co-founder of WazirX. He said in a series of messages.
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You can check this fact by going to the TOS of WazirX
More facts about WazirX:
• Binance owns WazirX domain name• Binance has root access of AWS servers• Binance has all the Crypto assets
• Binance has all the Crypto profits
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