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Liam Zhang

WazirX–Binance ownership dispute enters litigation as 2019 deal and 2024 hack resurface

According to WazirX CEO Nischal Shetty, the exchange’s ownership dispute with Binance has moved into formal litigation. The conflict stems from Binance’s denial of a 2019 acquisition, while a 2024 multi-signature wallet hack that compromised over $230 million adds complexity. Shetty indicated user operations will remain unaffected during the legal process.
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