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WazirX, other exchanges accused of aiding drug trade

Cryptocurrency exchange WazirX, accused of aiding drug trade by a Vice report, said on June 18 that the person driving the drug trade does not use its platform, adding to the list of controversies that the Binance-owned exchange is embroiled in. A Vice report on June 17 said that Makarand Pardeep Adivirkar, known in India’s underground drug circuit as the “crypto king” was paying for drugs on the dark web using bitcoin, and was using WazirX and other platforms as a wallet. Read more here.

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