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Blog iconJidovinov Aldin
Jan 8

Binance has backed away from the Indian cryptocurrency exchange it announced it would acquire in 2019

Binance CEO Changpen Zhao and Nishal Shetty, founder of India's largest cryptocurrency exchange WazirX, whose accounts have been frozen by authorities for 647 million rupees ($8 million), continue to bicker for a second day. Binance announced its "acquisition" of WazirX in 2019, but Zhao now claims the deal was never finalized. India's Financial Crimes Authority opened an investigation into WazirX last year. The exchange is suspected of laundering money for Chinese digital lending a...

Jidovinov Aldin

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Jidovinov Aldin
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