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Binance-WazirX fracas adds to misery of crypto industry
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The Binance-WazirX fracas has put a fresh question mark over the Indian crypto ecosystem amid a bear market and an aggressive tax regime that is styming growth, said crypto exchanges, retail investors and startups.On August 5, Directorate of Enforcement (ED) conducted searches on one of the directors of M/s Zanmai Lab Pvt Ltd, which owns WazirX, and froze its bank accounts, blocking INR 64.67 crore.Later, in a series of tweets, Binance CEO
. Read more on economictimes.indiatimes.comAbout this in other media
ED freezes Rs 370 crore of bank, crypto balances of Bengaluru ‘shell company’ economictimes.indiatimes.com /1 year ago
WazirX Episode Reveals Darker Side Of Crypto: Government Sources ndtv.com /1 year ago
Crypto Money Laundering Probe Points To A China Link: Report ndtv.com /1 year ago
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