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CoinStats - Consumer court dismisses WazirX hack victims’...

Summary by coinstats.app

A consumer court has dismissed the complaints of a group of investors that were affected by the WazirX hack. According to a report, the National Consumer Disputes Redressal Commission (NCDRC) declined to entertain the plea of the investors who lost $234 million after the crypto exchange was hacked. According to reports, the commission told the complainants that the legality and the nature of the transactions are still not regulated to the extent…

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coinstats.app

CoinStats - Consumer court dismisses WazirX hack victims’...

2 days ago

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https://mo.bi

WazirX Hack Update: Consumer Court Rejects Case, Victims Plan To Approach Supreme Court

The post WazirX Hack Update: Consumer Court Rejects Case, Victims Plan To Approach Supreme Court appeared first on Coinpedia Fintech News The National Consumer Disputes Redressal Commission (NCDRC) has declined to hear a case from a group of WazirX investors who suffered losses due to the $234 milli...

2 days ago

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Bitcoinik

Will WazirX’s Restructuring Plan Pass? Results Expected Soon

WazirX crypto exchange completed the voting process for its controversial Exchange Recovery Scheme. Some crypto influencers claimed that WazirX leadership is paying money to influencers to spread positive responses around WazirX-linked development. Summary WazirX crypto exchange successfully conducted a 10 days vote event for the Restructuring Scheme. Crypto influencers accused WazirX of paying money to influencers for paid promotion. NCDRC dis…

3 days ago

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investincryptonews.com

NCDRC Dismisses ₹2000 Crore Hack Lawsuit Against WazirX - Invest In Crypto News

The National Consumer Disputes Redressal Commission (NCDRC) has dismissed a lawsuit filed against WazirX over a ₹2000 crore hack. The court ruled that there is no established legal framework for cryptocurrency-related issues in India. As a result, the case against the crypto exchange was thrown out, highlighting the regulatory gap surrounding cryptocurrency in the country. This decision marks a significant moment in the ongoing debate over crypt…

3 days ago

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Inc42 Media

WazirX Hack: NCDRC Dismisses Investors’ Complaint

The National Consumer Disputes Redressal Commission (NCDRC) declined to entertain a plea of a group of investors of WazirX who claim to have suffered losses due to the $234 Mn cryptocurrency hack at the crypto exchange. In an order dated March 13, the consumer forum said that “the legality and the nature of the transactions are still not regulated to the extent as required” in the country and therefore conducting investigation into the illegalit…

3 days ago

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Cryptocurrency information | Cryptocurrency News | Bitcoin News and Crypto Guide…

NCDRC Dismisses ₹2000 Crore Hack Lawsuit Against WazirX

The National Consumer Disputes Redressal Commission (NCDRC) has dismissed a lawsuit filed against WazirX over a ₹2000 crore hack. The court ruled that

3 days ago

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