The Madras High Court has ruled against WazirX redistributing user’s XRP holdings following its 2024 hack, declaring that cryptocurrencies qualify as property under Indian constitutional law. WazirX barred from redistributing user’s XRP under its “socialisation of losses” plan The Madras…

The Madras High Court granted interim protection to a WazirX user, blocking the exchange from redistributing her XRP as part of its Singapore-led restructuring.

Global crypto markets saw a flurry of political and corporate developments last week, including Trump pardons and leadership picks.