Binance Dismisses WazirX’s Accusations, Denies Accountability for Hack Results
Binance has countered accusations from WazirX and Zettai regarding the impact of a July cyberattack on user funds.
Binance asserts that WazirX’s management under Zanmai and Zettai is responsible for the lost funds, not Binance. The exchange disputes claims by WazirX co-founder Nischal Shetty, emphasizing that Binance is not accountable for the hack’s aftermath.
Binance highlighted that WazirX had ample time to withdraw its assets before the attack and that any responsibility for user funds lost lies solely with WazirX’s management.
Clever Robot News Desk 19th September 2024
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