[Binance responds to dispute with WazirX parent company Zanmai: WazirX has not been acquired, and it is not responsible for the consequences of the cyberattack] Golden Finance reported that Binance posted on its blog that the WazirX platform operated by Zanmai reported that it suffered a cyberattack on July 18, 2024, resulting in a loss of approximately US$235 million in user funds, and WazirX has been unable to meet customer withdrawal requests so far. Binance said that Zettai's main owner Nischal Shetty made some inaccurate statements about the ongoing dispute between Zettai and Binance. Shetty claimed that Binance may be responsible in some way for the losses suffered by WazirX users and creditors due to the cyberattack. Binance said this was wrong and any such statement was extremely misleading. Binance said it did not acquire WazirX. Although the two parties had signed a contract, the proposed transaction was never completed because Zettai failed to fulfill its obligations. Binance has never owned, controlled or operated WazirX at any time, including before, during or after the alleged hack. Shetty said that the outcome of the current dispute between Zettai and Binance may result in Binance owning WazirX, which will result in Zettai's creditors becoming Binance's creditors, which means that Binance will be responsible for WazirX users. In this regard, Binance believes that this statement is wrong. Binance does not own or operate WazirX, is not a party to WazirX's user agreement, does not hold any WazirX user funds, and is not responsible for the consequences of the cyber attack. Shetty's statement is inaccurate and misleading.