CoinVoice recently learned that Binance posted on its blog that the WazirX platform operated by Zanmai reported that it suffered a cyber attack 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 says Zettai's majority owner Nischal Shetty has made several inaccurate statements about the ongoing dispute between Zettai and Binance. Shetty claims that Binance could be somehow responsible for the losses suffered by WazirX users and creditors as a result of the cyberattack. Binance says this is false and any such claims are highly misleading. Binance says it did not acquire WazirX and that while a contract had been signed, the proposed transaction was never completed due to Zettai's failure to perform its obligations. Binance 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 could result in Binance owning WazirX, which would result in Zettai's creditors becoming Binance's creditors, meaning Binance would be responsible for WazirX users. In response, 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. [Original link]
