WazirX Prohibited from Distributing XRP as Indian Court Recognizes Crypto as Property
Simply put On Friday, India’s Madras High Court decided that virtual currencies are considered property protected by the Constitution, halting WazirX’s attempt to redistribute user assets as part of a restructuring plan in Singapore. Judge N. Anand Venkatesh dismissed the exchange’s plan of “socializing losses” and issued an injunction to safeguard 3,532 XRP tokens after […]
WazirX Hacker Has $5 Million Left After Dumping Uniswap, Chainlink, and Other Alts – Decrypt
The group behind the WazirX exploit has cashed out much of its ill-gotten gains, which analysts say has had a major impact on some prices. Alex Svanevik, CEO of blockchain analytics firm Nansen, noted: On Twitter The organization behind the hack of Indian exchange WazirX, which has been suggested to be a North Korean hacking […]