Binance tells estranged partner WazirX customers to move funds, to discontinue off-chain transfer

Binance tells estranged partner WazirX customers to move funds, to discontinue off-chain transfer

2 years ago
Anonymous $33nAR-2OaA

https://techcrunch.com/2022/08/08/binance-tells-estranged-partner-wazirx-customers-to-move-funds-to-discontinue-off-chain-transfer/

Binance has told customers of its estranged partner WazirX to move their funds to the global crypto exchange platform and said it plans to remove off-chain fund transfer between the services in the latest escalation of tension between the firms over ownership of the Indian startup.

Patrick Hillmann, chief communications officer of Binance, said in a televised interview Monday that the company is aiming to protect the interest of customers by asking them to move their funds to the world’s largest crypto exchange by trade volume.