WazirX, Binance CEOs clash over ownership

A day after Binance CEO Changpeng Zhao said the global crypto exchange didn’t own a stake in WazirX’s parent entity Zanmai Labs, the founders of the two companies have been embroiled in a war of words, exchanging claims and counterclaims on Twitter.
WazirX founder Nischal Shetty said on Saturday that the deal his company struck involved Binance’s parent entity.
“After some media reports on Binance structure, we asked about it,” Shetty wrote in a tweet thread. “We were given an ambiguous answer that parent entity is under restructuring. It’s been many months, still waiting for Binance Parent entity… Can Binance name Parent entity?”