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Binance just responded to the WazirX Situation.
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âď¸ #Binance has not owned, controlled, or operated #WazirX at any time, including before, during, or after the July 2024 attack.
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âď¸ Zanmai, a company incorporated in India, is the entity that registered the WazirX platform with the đŽđł Indian FIU in 2023 and is recognized by Indiaâs ED as the owner of WazirX.
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âď¸ Binance has no responsibility for the operation of the WazirX platform and the consequences of the alleged hack.
âď¸ Binance urge WazirX team to be accountable and responsible for the user compensation.
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This simply means that now there's no possibility of a #Binance bailout.