WazirX stated the working entity for its rupee-related actions, Zanmai Labs, was not affected by the assault and had enough reserves to cowl the balances. It needed to maintain the remaining 34% of funds again, nonetheless, due to investigations by law-enforcement companies, the corporate stated. The timeline for the discharge of these frozen balances is unclear, it stated.
Indian Crypto Exchange WazirX Will Enable Rupee Withdrawals in Phases Starting Aug. 26
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