币界网报道：WazirX, one of India's largest cryptocurrency exchanges, is facing increased regulatory scrutiny amid reports of a significant salary hike for its founder and concerns over compliance. According to sources, WazirX founder Nischal Shetty received a 1,100% increase in his monthly remuneration, raising questions about corporate governance. The exchange, acquired by Binance in 2019, has also been under investigation by India's Enforcement Directorate (ED) for alleged violations of foreign exchange laws. The ED has accused WazirX of facilitating transactions worth over $350 million involving illegal betting apps, though the exchange denies wrongdoing. Meanwhile, WazirX's parent firm Zanmai Labs has reportedly been in discussions with Binance to restructure their relationship, as regulatory pressures mount in India. The exchange has faced operational challenges, including banking restrictions and a sharp decline in trading volumes amid India's strict crypto tax policies. Industry observers note that WazirX's struggles reflect broader tensions between crypto businesses and regulators in India, where authorities remain skeptical of decentralized finance. Despite the controversies, WazirX maintains it is committed to compliance and continues to operate while engaging with policymakers. The situation highlights the growing pains of crypto adoption in emerging markets where regulatory frameworks are still evolving.