CoinDesk reported:
In an interview with CoinDesk at the time, Nischal Shetty, the co-founder of WazirX, rebuffed Zhao’s claims about not controlling the WazirX exchange. “WazirX is the technology which we sold to Binance,” he said. He has legal documents proving the sale but is unable to share them, again due to legal reasons. “What I really want is a solution,” Shetty said.