WazirX

Follow

Indian court treats XRP as property in WazirX dispute

Chris Blake

A Madras High Court judge has ruled that cryptocurrency qualifies as property under Indian law, barring WazirX from reallocating a customer's XRP holdings. The decision came in a case involving customer Rhutikumari after a hack affected the exchange. This precedent may influence how crypto exchanges handle user assets during insolvency.

This website uses cookies

We use cookies for analytics to improve our site. Read our privacy policy for more information.
Decline