Binance was believed to be the owner of WazirX, but CZ denied the claim on Twitter. “Binance does not own any shares in Zanmai Labs, the entity operating WazirX and established by the original founders,” Zhao said. Referring to a blog post announcing the acquisition in November 2019, CZ said the deal was never completed.
Panic Grips WazirX Users After Binance’s CZ Asks Users to Move Funds
