 "Binance denies liability for WazirX’s recent cyber attack, citing lack of ownership and distancing itself from the compromised platform.")
Binance, the global cryptocurrency leader, has clarified its lack of responsibility regarding the recent cyber attack on the Indian crypto exchange WazirX. In a blog post, Binance asserted that it does not own or operate WazirX, despite previous claims of an acquisition. The attack, which resulted in the theft of over $230 million, led WazirX ...
 "Adani Group denies involvement in Swiss court proceedings amid allegations of frozen funds linked to money laundering investigations.")
The Adani Group has firmly stated that it is not involved in any Swiss court proceedings, following claims by Hindenburg Research. The U.S.-based firm suggested that Swiss authorities had frozen over $310 million of Adani’s assets related to a money laundering and securities forgery investigation. This assertion was supported by Swiss court records detailing investments ...
A Mumbai court has denied bail to Suraj Chavan, a Shiv Sena (UBT) member, who was arrested on January 17, 2024, for his alleged involvement in a ₹6.37 crore khichdi scam during the Covid-19 pandemic. The scam involved the Brihanmumbai Municipal Corporation (BMC) distributing khichdi to migrant workers. Chavan’s lawyers argued that the reasons for ...
 "SEBI faces intense scrutiny over alleged regulatory failures in the Adani scandal, while its chairman denies implications of impropriety.")
The Congress party has criticized the Securities and Exchange Board of India (Sebi) for its ongoing investigation into the Adani Group, claiming it has stalled without resolution. This comes after two Mauritius-based foreign portfolio investors petitioned the Securities Appellate Tribunal for relief from new Sebi regulations concerning foreign investments. Congress leader Jairam Ramesh alleges that ...
 "Wockhardt vehemently denies allegations of improper rental payments and insists it remains compliant with all applicable laws amid investigations.")
Wockhardt, the Mumbai-based drug company, has firmly rejected allegations concerning rental payments connected to Carol Info Services and issues raised by the Securities and Exchange Board of India (Sebi). In a recent regulatory filing, Wockhardt described the claims as “completely baseless and misleading,” emphasizing their commitment to abiding by all laws. These statements came in ...
