Binance CEO Changpeng Zhao has warned that his company could “disable Wazirx wallets on a tech level,” advising anyone with funds on the Indian crypto exchange to transfer them to Binance. The warning followed numerous tweets by CZ and Wazurx’s founder regarding whether Binance acquired Wazarx.

Binance and Wazirx have been involved in a dispute over ownership. India’s Directorate of Enforcement (ED) froze the bank assets of Wzirx as part of its money laundering investigation. Binance CEO Zhao claimed that the acquisition of WZirx “was never completed,” but the founder disagreed.

Zhao: “We do NOT have control of the trading system. You just gave the AWS login, no source code, no deployment capability. We (Binance) were never given data or control of users, KYC, etc.” He added that Binance was never given access to Wazirx’s data.

CZ claims Wazirx has been uncooperative with Binance, adding that the exchange appears to be uncooperation with the ED as well. Zanmai Labs, the entity that owns WazIRx, “has been cooperating with ED for over 7 days and has submitted all the required data.”

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