Источник Bitcoinist.com
Заголовок Binance Calls Out WazirX: Denies Hacked Crypto Exchange’s ‘Misleading’ Claims
Дата 20240918

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Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance Calls Out WazirX: Denies Hacked Crypto Exchange’s ‘Misleading’ Claims

Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance Calls Out WazirX: Denies Hacked Crypto Exchange’s ‘Misleading’ Claims

by Rubmar Garcia

3 mins ago

in Crypto News

0

Global exchange Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance has addressed the misleading claims made
by hacked trading platform WazirX, denying any involvement with the Indian
exchange and demanding “accountability” from its team after the $235 million
crypto heist.

The clarification comes after WazirX’s team suggested that users might have to
wait until the dispute between the hacked exchange’s parent company and the
largest crypto exchange is settled.

Related Reading: Crypto Analyst Says Dogecoin Breaking This Level WillGet
The Party Started’

WazirX Claims Zettai’s Dispute Could Affect Users

On Tuesday, Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance shared a statement correcting Zettai’s “inaccurate and
misleading statements” concerning the global exchange. WazirX’s parent
company
, Singapore-based company Zettai is in a legal dispute with the largest
crypto exchange by trading volume since January 2023.

The hacked Indian platform previously announced that Zettai filed an
application with the High Court of Singapore for a moratorium to “facilitate
its intention to restructure its liabilities under a scheme of arrangement.”

Hacked exchange updates users on restructuring status. Source: WazirX

The hacked exchange explained that the moratorium filling would provide
“breathing spaceif approved while the Singapore-based firm progressed with
the restructuring plans and users’ repayment.

However, if the application is denied, customers must wait until the dispute
against Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance is resolved. WazirX also claimed that the dispute’s resolution
would determine who was liable for users’ account balances:

Users may have to wait until the dispute with Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance is resolved, as Zettai
holds the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта tokens under protest (…). It would be only after the
dispute with Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance is resolved that the Platform’s users might have some
clarity over who owns the Platform and its cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта tokens. (…) If
Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance is deemed the owner, it becomes liable for users’ account balances. If
Zettai is confirmed as the owner, it holds that liability instead.

Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance Rejects Liability

In its response, the exchange denied the possibility of being liable for
users’ balances. The blog post clarified that Zettai’s responsibility to
WazirX users is “unrelated” to their dispute with Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance.

Moreover, the platform’s team labeled several statements by Zettai’s main
owner, Nischal Shetty, made on the two affidavits submitted to support the
moratorium application as “inaccurate.”

The global exchange rejected Shetty’s comments suggesting that the dispute’s
outcome could determine if they own WazirX. This statement implied that
Zettai’s creditors would become Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance creditors and that the exchange could
be responsible for making the affected users whole.

The blog post clarifies that WazirX’s ownership is not an issue that will be
resolved in the ongoing legal battle, as Zettai or its affiliates are not
seeking a declaration that Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance owns or controls the hacked platform.

Moreover, the exchange declared it is not the owner, controller, or operator
of WazirX, stating that “there is no legal basis, in any scenario, to the
claim
that Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance would be liable for claims.”

Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance demanded Zettai and WazirX’s team take accountability for the $235
million crypto heist, condemning their attempts to allegedly “deflect the
blame” with “outrageously misleading” statements.

As reported by Bitcoinist, WazirX has faced backlash sice July. Users have
continued to voice their discontent with several steps taken after the hack,
including the lack of transparency and the decision to restore all balances
and undo traders after the incident.

Related Reading: MicroStrategy’s Bitcoin Ambitions: $700 Million Fundraise For
Further Acquisitions

Ultimately, the global exchange urged users to stay informed and continue to
seek transparency from the platforms:

Their attempts to shift responsibility is a disappointing deflection tactic,
but it should not distract anyone from the glaring issue to be addressed here:
the need for the WazirX team to be held accountable for user funds lost under
their management.

Binance Coin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance (BNB) is trading at $543 in the weekly chart. Source: BNBUSDT on
TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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