The ongoing dispute between the global cryptocurrency exchange Binance and Zanmai, the operator behind the Indian cryptocurrency exchange WazirX, continues with a new blog post claiming that Binance is prohibiting WazirX from making use of its services. This is the latest development in the ongoing conflict between the two parties.
Binance published a statement on February 3 in which it recognised the continuing “public dispute” that it is having with Zanmai about Zanmai’s assertions that Binance is involved in operating WazirX. On January 26, Binance said that it has given WazirX the ultimatum of retracting its remarks and continuing to use Binance wallet services or terminating its use. WazirX chose to continue utilising Binance wallet services.
According to the notification, Zanmai did not reverse their statement, and the company now has until February 3, 2023 at 23:59 UTC to withdraw all of their cash from the accounts that are…
