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