Changpeng Zhao (CZ), CEO of cryptocurrency change Binance talked about that clients who’ve crypto on WazirX ought to switch it to Binance’s platform.
He said in a Tweet that,
In case you have funds on WazirX, you need to switch it to Binance. Easy as that. We might disable WazirX wallets on a tech degree, however we are able to’t/received’t try this. And as a lot debates as we’re enduring, we are able to’t/received’t damage customers.
This information was adopted by Enforcement Directorate (ED), the regulation enforcement company of India notifying that WazirX property have been frozen. WazirX has been linked to the world’s largest crypto change Binance. This investigation was carried out as WazirX was suspected of violation of international change laws.