WazirX

Sundin

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.

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