Tag: WRX

India has reportedly frozen the assets of cryptocurrency exchange platform WazirX, a Mumbai-based crypto firm Binance acquired in November 2019. On Friday, the federal Enforcement Directorate (ED), the agency tasked…

On August 5, the Enforcement Directorate (ED) froze the bank account of one of the directors of Zanmai Lab Private Ltd, the operator of the Indian cryptocurrency exchange WazirX. The…

Binance CEO CZ has made a surprising Twitter announcement, stating that the WazirX-Binance transaction was never complete. CZ further added that Binance does not own any equity in Zanmai Labs,…

Per a press release from India’s Enforcement Directorate (ED), crypto exchange Binance is allegedly involved in a money laundering scheme created with WazirX. This entity operates as a crypto exchange…

Binance’s CEO and WazirX’s founder are giving mixed information about who owns the embattled exchange.

The Enforcement Directorate (ED), tasked by the Indian government to probe major financial crimes, announced Friday it had frozen assets worth $8.1 million of cryptocurrency exchange WazirX as part of…

WazirX, owned by Binance is under investigation for money laundering in India, with reports emerging that the Foreign Exchange Management Act of 1999 was broken by the India-based exchange, which…

As the Ministry of Finance launches two investigations against the Indian Crypto Exchange.

The Indian Ministry of Finance confirmed on Aug. 2 that the WazirX crypto exchange is being investigated for money laundering and flouting forex rules. The post Binance-Owned WazirX Probed in…