wazirx: Binance-WazirX ownership debacle sees founders exchange claims and counterclaims

wazirx: Binance-WazirX ownership debacle sees founders exchange claims and counterclaims

A day after Binance CEO Changpeng Zhao said the global cryptocurrency exchange does not own a stake in WazirX’s parent Zanmai Labs, the two companies’ founders have engaged in a war of words, exchanging claims and counterclaims on Twitter. WazirX founder Nischal Shetty said on Saturday that the company’s deal involves parent Binance. “Following some media reports about the Binance structure, we asked about this,” Shetty said in a tweet. “We were given a vague answer that the parent company is in the process of restructuring. Still waiting for Binance…

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Money recovered by ED does not belong to me: Partha Chatterjee

Arrested Bengal minister Partha Chatterjee, at the center of the multi-crore school job scam, on Sunday claimed that the money recovered during the Enforcement Directorate raids did not belong to him and time will tell who “conspired” against him. “The money (recovered) is not mine,” Chatterjee said as he got out of the car after being taken to ESI Hospital in Jokha for a medical check-up and addressed reporters with questions about the scam. “You will know when the time comes,” he said when asked if anyone was plotting against…

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Karvy Scam: ED attaches assets worth ₹110 crore under PMLA

The Enforcement Directorate (ED) on Saturday said it has added fresh assets worth over ₹110 crore in connection with its money laundering probe against Karvy Stock Broking (KSBL), CMD C Parthasarathy and others. The money laundering case was filed by the Hyderabad Police based on FIRs based on complaints by lending banks that the Karvy Group availed of huge loans by illegally pledging shares worth around ₹ 2,800 crore of its customers. -Non acting asset (NPA) after issue of client’s securities as per orders of NSE and Sebi. “To protect…

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