Global crypto company Binance, zamaiAs a result of his polemics with the crypto exchange WazirXsevered ties with him.
the past day Binance made an announcement that had the effect of a bombshell on the agenda. The world’s largest crypto exchange Binancemade new moves as a result of some polemics. Binance, India-based crypto exchange He clashed with Zanmai on WazirX.In response to this situation, the global company sanctioned WazirX parent company Zanmai.
Binance Takes Steps on Crypto Exchange WazirX
Global crypto company Binance, India-based cryptocurrency exchange WazirX, is the company behind the exchange. zamaicontradicted with.
Publisher of blog post Binance, zamai confirmed the polemics between them and him. Summarizing the event, the exchange stated that baseless allegations were made from Zanmai regarding Binance’s role and responsibility in the operation of the WazirX exchange. Making statements about the tension, the company said;
The truth is, as we have said many times, Binance has provided Zanmai wallet services only as a technology solution for WazirX exchange operations. Binance has never managed or controlled the operations of WazirX, including those related to users’ assets and user activity.
Exchange, that Zanmai is trying to shift all responsibility for WazirX operations to themselves expressed. The exchange, which did not accept these accusations and allegations, demanded Zanmai to withdraw its claims. However, this request met with the rejection of the other party.
Making the move after the events, Binance has filed sanctions against Zanmai, the team behind WazirX. The exchange requested Zanmai to withdraw funds from Binance accounts used by WazirX for its operations.
Binance announced that it has terminated its wallet and related technology service to Zanmai.
