WazirX Barred from Redistributing XRP as Indian Court Affirms Crypto as Property
The ruling defines crypto as property with fiduciary protections, preventing WazirX from diluting user holdings after a $234 million hack. In brief India’s Madras High Court ruled Friday that crypto constitutes property protected under constitutional law, blocking WazirX from reallocating user assets under its Singapore restructuring plan.Justice N. Anand Venkatesh granted an injunction protecting 3,532 … Read more