Binance CEO Changpeng Zhao said that those who have funds on WazirX should transfer their funds to Binance.

“If you have funds on WazirX, you should transfer it to Binance. Simple as that. 

This development comes following the Enforcement Directorate (ED) on Friday notifying that it had frozen the assets of WazirX 

Wazirx is linked to the world's largest digital currency exchange Binance 

Wazirx is linked to the world's largest digital currency exchange Binance.

This action was a part of its investigation into suspected violation of foreign exchange regulations, according to Reuters

The ED said that it froze assets worth ₹646.70 million. 

"We have been fully cooperating with the Enforcement Directorate for several days and have responded to all their queries fully and transparently," said a spokesperson for WazirX,