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Zensui’s emergence is seen by many as an effort by WazirX’s leadership to escape intensifying legal and regulatory scrutiny in Singapore
WazirX continues to suffer from declining trust due to earlier incidents, including a Binance ownership dispute and withdrawal freezes
WazirX has faced backlash on social media for its sudden relocation and rebranding, with users criticizing founder Nischal Shetty’s lack of response

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