WazirX Probed For Money Laundering of Over $350M!
On August 2, Pankaj Chaudhary (Minister of State for Finance) submitted a report in the Rajya Sabha addressing Money Laundering charges against the Indian Bitcoin exchange – WazirX. The report…
WazirX Comes Under Investigation as $350 Million Laundered Through Largest Indian Exchange
WazirX is accused of laundering $350 million through crypto, founders already left India
WazirX Under Scrutiny by Indian Agencies For Money Laundering
A Show Cause Notice (SCN) has been issued under the terms of FEMA. ED is probing two instances involving WazirX
The Finance Ministry of India: WazirX to be investigated by ED
Pankaj Chaudhary, the Minister of Finance of New Delhi, on August 3rd stated that the Enforcement Department has imposed money laundering allegations on WazirX and
Binance-owned WazirX under investigation in India over alleged money laundering
The Indian Directorate of Enforcement is investigating WazirX to determine whether it facilitated the laundering of 2,790 crore Indian rupees(over $350 million) through its platform, the country’s Finance Minister, Pankaj…
The inherent flaw of delegated proof-of-stake governance systems with Nischal Shetty, WazirX
CryptoSlate recently caught up with Nischal Shetty, Founder of India’s biggest crypto exchange WazirX to discuss layer 1s, the human role in blockchain, validator responsibilities, proof-of-stake governance, and decentralization. The…
Binance vs WazirX | Which Is A Better Crypto Exchange For Investment?
The swiftly growing user base of cryptocurrencies in India has pushed crypto to emerge as a big investment opportunity. People are rapidly moving from traditional modes of investment to crypto…
WazirX Slammed With Data Requests From Law Enforcements
The crypto exchange has received over 1023 requests from law enforcement agents in the October-March 2022 period. Report Reveals Surge In Data Request The India-based crypto exchange has revealed the…
WazirX CEO, COO Move Out of India to Dubai: Report
Their departure from India is attributed to transaction volume crashing to a 6-month low at major crypto exchanges due to hostile govt policies.
WazirX Founders Relocate to Dubai Amid Harsh Crypto Regulations in India
Co-founders of Indian cryptocurrency exchange WazirX, Nischal Shetty and Siddharth Menon, have reportedly moved to Dubai, as regulatory uncertainties in India continue to stifle the country’s cryptocurrency industry. Nischal Shetty…
