WazirX

WazirX experiences a severe security breach, leading to over $230 million in withdrawals

WazirX pauses crypto, rupee withdrawals after wallet breach

ED raids director of WazirX, freezes Rs 64.67 crore bank assets

The ED referred to 'fintech companies backed by Chinese funds,' further noting that Zanmai Labs, which owns WazirX, has created a web of agreements with offshore companies to obscure the ownership of the crypto exchange.