Cryptocurrency Q&A Is WazirX in trouble?

Is WazirX in trouble?

Lucia Lucia Thu Oct 31 2024 | 6 answers 1142
I've been hearing some news recently about WazirX facing certain issues or troubles. I'm concerned about my investments in it. Can someone confirm if WazirX is really in trouble and what exactly is going on? Is WazirX in trouble?

6 answers

Silvia Silvia Sat Nov 02 2024
Within a short span of time after its operations began, WazirX encountered unforeseen challenges.

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CryptoNinja CryptoNinja Sat Nov 02 2024
On February 7, 2022, India's Enforcement Directorate (ED) issued its first summons against WazirX and its founders.

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Sara Sara Fri Nov 01 2024
This was followed by another summons on April 8, 2022, indicating a continued investigation into the cryptocurrency exchange.

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Maria Maria Fri Nov 01 2024
The ED did not relent and issued a third summons on May 11, 2022, further escalating the situation for WazirX.

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ShintoMystic ShintoMystic Fri Nov 01 2024
The final summons of the series was issued on June 7, 2022, solidifying the regulatory scrutiny the exchange was facing.

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