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WazirX in hot waters!! (Click to find out!!)

Aug 5, 2022 5:08 PM

Howdy gang!!! Hope everyone is having a good weekend and its green so far in the crypto market...lets find out what is going on with the crypto exchange WazirX.

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**Informational Purposes****Informational Purposes**
  • India apparently is doing an investigation of money laundering on the director of the Indian exchange WazirX. They searched the properties of Sameer Mhatre on this investigation since they are accusing WazirX of assisting 16 companies (give or take) on laundering money using the crypto market, explaining that the actual anti-money laundering laws are too lax they decided to start this investigation, so if you guys have assets in WazirX might wanna move them somewhere else cause the exchange might shutdown if the investigation proves the Director was involved in the alleged crimes. Be careful my friends!

So lets see what happens, if he is guilty he should be made as an example so new upcoming exchanges think twice before doing things like this, but if found innocent it will be good for India's laws are reformed to make them more robust and not so lax.

Remember peeps to keep an eye on the news as well if you have your money in exchanges.

Do you have assets in WazirX?????????????? drop a comment below on what you think about this...๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

Source: 

Be well and stay safe my friends,

Your friendly cryptor, Andyhuerta.

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