Binance denies blame in $230M WazirX hack, urges user repayments

Binance urged the WazirX team to take accountability for the hack, and compensate users for the loss of funds.

Binance, the world’s largest cryptocurrency exchange, has denied any blame for the high-profile WazirX hack following misleading statements about the relationship between Binance and the Indian exchange.

Following the $230 million hack, WazirX claimed that Binance could be responsible for making the Indian exchange’s creditors whole due to Binance allegedly acquiring and controlling WazirX exchange.

In response to the allegations, Binance released an official statement on Sept. 17.

Binance urged the WazirX team to take accountability for the hack, and compensate users for the loss of funds.
Binance, the world’s largest cryptocurrency exchange, has denied any blame for the high-profile WazirX hack following misleading statements about the relationship between Binance and the Indian exchange.Following the $230 million hack, WazirX claimed that Binance could be responsible for making the Indian exchange’s creditors whole due to Binance allegedly acquiring and controlling WazirX exchange.In response to the allegations, Binance released an official statement on Sept. 17.Read more