Wazirx in trouble

What is WazirX?

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The Acquisition

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What's the news?

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What's the case?

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Respone from WazirX

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Where are the founders?

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Are your coins safe?

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Also Check:

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LEARN about popular Cryptocurrencies only on Katoch Tubes

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Wazirx in trouble

Wazirx in trouble

What is WazirX?

What is WazirX?

Launched in 2018, WazirX is the leading cryptocurrency exchange in India. It allow traders to buy, sell, hold cryptos on the platform

Launched in 2018, WazirX is the leading cryptocurrency exchange in India. It allow traders to buy, sell, hold cryptos on the platform

The Acquisition

The Acquisition

In 2019, WazirX was acquired by Binance, the leading crypto exchange in the world. Checkout -

In 2019, WazirX was acquired by Binance, the leading crypto exchange in the world. Checkout -

War with Binance

War with Binance

What's the news?

What's the news?

WazirX has been served a show cause notice by The Directorate of Enforcement (ED) accusing it for involving in possible money laundering activities

WazirX has been served a show cause notice by The Directorate of Enforcement (ED) accusing it for involving in possible money laundering activities

What's the case?

What's the case?

Two cases were filed against Wazirx. Case 1 is outward remittance to unknown wallets worth Rs 2790 crore. Case 2 is allowing foreign users on the platform.

Two cases were filed against Wazirx. Case 1 is outward remittance to unknown wallets worth Rs 2790 crore. Case 2 is allowing foreign users on the platform.

Respone from WazirX

Respone from WazirX

In response to the allegations, The WazirX team said it hasn't received any notice for money laundering.

In response to the allegations, The WazirX team said it hasn't received any notice for money laundering.

Where are the founders?

Where are the founders?

WazirX founders Nishchal Shetty, Sameer Mhatre, and Siddharth Menon have already shifted their base from India to Dubai after 30% taxation news

WazirX founders Nishchal Shetty, Sameer Mhatre, and Siddharth Menon have already shifted their base from India to Dubai after 30% taxation news

Are your coins safe?

Are your coins safe?

The allegations will not stop WazirX operations. Users can continue to trade on the platform

The allegations will not stop WazirX operations. Users can continue to trade on the platform

Also Check:

Also Check:

1..AAVE

1..AAVE

2..WRX Coin

2..WRX Coin

3..Is Ledger Safe?

3..Is Ledger Safe?

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