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Binance CEO says firm never bought WazirX. Its founder disagrees.

From theblock.co

Binance co-founder and CEO Changpeng Zhao said the company never completed an announced acquisition of WazirX, and that company's founder hit back saying Binance does own WazirZ. Earlier today, Indian authorities said they had frozen about $8 million in funds belonging to the startup. “Binance does not own any equity in Zanmai Labs, the entity operating WazirX and established by the original founders,” said Binance founder and CEO Changpeng Zhao in a four-part Twitter post today. “On 21 Nov 2019, Binance published a blog post that it had ‘acquired’ WazirX. This transaction was never completed. Binance has never - at ... (full story)

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