Tag: WazirX

Spat Between Binance and WazirX: Ambiguous Ownership, a Murky Acquisition Agreement, and off-chain Transactions

"We have always assumed Binance was WazirX's owner. Last year, around the time of their anniversary in July, Binance even-handed all of us WazirX staff Apple watches, according to a former employee who asked to remain anonymous. The employee said that although other Indian exchanges provided lucrative ESOPs to new hires, WazirX did not grant employee stock options to its personnel. Inc42 "Because the ESOP market is unstable, we have brought up this issue numerous times. But we've always been informed that Binance owns it, so ESOPs are not an issue," the employee stated. An unintentional can of worms was opened in the already troubled cryptocurrency market by India's Directorate ...

Read more
Page 1 of 3 1 2 3
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?