<a href="https://optimisus.com/news/crypto-news/binance-alerts-users-to-the-rising-threat-of-clipper-malware/" rel="noopener noreferrer nofollow">Binance</a> has denied accountability for the $235,000 loss resulting from a <a href="https://optimisus.com/market/market-news/wazirx-exchange-launches-two-bounty-programs-for-recovering-stolen-assets/" rel="noopener noreferrer nofollow">cyberattack on WazirX</a> in July 2024. The corporation, overseen by the Indian entity Zanmai, has dissociated itself from the platform&#39;s operational and financial challenges.The assault focused on a multisignature wallet containing user assets, comprising five signatories from the WazirX team and one from Liminal, a third-party custody service provider. Binance asserted that it did not participate in the administration or operations of this wallet.The Indian authorities acknowledge Zanmai as the proprietor of <a href="https://optimisus.com/news/crypto-news/wazirx-crypto-exchange-restores-users-account-balances/" rel="noopener noreferrer nofollow">WazirX</a>, and Binance has encouraged the WazirX team under Zanmai/Zettai to assume whole responsibility for repaying users impacted by the attack.Additionally, the corporation characterized efforts to assign blame as &#34;deflection tactics&#34; and demanded accountability from Zanmai. Binance asserts that it bears no responsibility for any operational or legal duties arising from the platform&#39;s recent problems.

Binance denies any ownership or operational control over WazirX during hack

Optimisus

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