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[WazirX Founder Responds to Ownership Dispute with Binance: Litigation Ongoing, Platform Operating Normally] Nischal Shetty, founder and CEO of Indian cryptocurrency exchange platform WazirX, recently stated that the ownership dispute with Binance has entered the litigation stage, and the final outcome will be determined by legal proceedings. Shetty recalled that WazirX was sold between late 2019 and early 2020, and it was announced at the time that Binance had acquired the platform. However, disagreements later arose between the two parties regarding ownership. Shetty emphasized that the platform's operations have returned to normal, the dispute will not have any substantial impact on users, and the details of the dispute have been disclosed in the terms of service to enhance transparency.

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