WazirX XRP Redistribution Blocked by Indian Court After $230 Million Hack
TLDR The Madras High Court blocked WazirX from redistributing a user’s 3, 532 XRP tokens under the exchange’s loss socialization plan following a July 2024 hack that resulted in $230 million in losses. The court ruled that cryptocurrency qualifies as property capable of being held in trust, establishing that crypto assets belong to users and not [.] The post WazirX XRP Redistribution Blocked by Indian Court After $230 Million Hack appeared first on CoinCentral.