India authorities defrosted the Assets of Bitcoin-Birzhi Wazirx

The Wazirx Indian cryptocurrency exchange gained access to its bank accounts, blocked law enforcement department (ED) of the country’s Ministry of Finance.

The Ed Has Unfrozen The Bank Accounts of Wazirx. In Cooperation with Investigators, Wazirx Provided All Necessary Details & Documents of the Alleged Accused Companies that used the Wazir Platform.

More on this 👇 https: // t.CO/DU36at2oja

– WAZIRX: India KA Bitcoin Exchange (@wazirxindia) September 12, 2022

In August, ED suspected WAZIRX of laundering $ 350 million. According to media reports, the regulator froze the exchange assets of $ 8.16 million as part of the case.

“The law enforcement department conducts investigations against 16 fintech companies and cryptocurred services. Some of them used the WAZIRX platform. [Company] collaborates with the investigation, providing all the necessary information, information and documents, ”the new message says.

Representatives of the exchange emphasized that “has nothing to do” to any of the 16 companies.

“Thanks to Wazirx cooperation and active checks of money laundering (AML), which led to blocking suspicious accounts, ED defrosted Wazirx assets,” the company said.

In August, CEO Binance Chanpen Zhao said that the company had never owned a share in Zanmai Labs standing behind Wazirx. According to him, the transaction declared in November 2019 did not end.

Recall that the co https://gagarin.news/news/what-is-a-cryptocurrency-wallet-and-how-to-create-it/ -founder of Wazirx niche Shetti denied the statements of Zhao regarding the relationship of companies. According to him, there are all documents confirming the sale, but he cannot show them “for legal reasons”.

Read the FORKLOG Bitcoin News in our Telegram-cryptocurrency news, courses and analytics.