In a significant development related to the WazirX hack, the Delhi Consumer Commission has dismissed a plea filed by 40 investors affected by the 2022 cyberattack, which resulted in the loss of over ₹7 crore. The court ruled that the issue does not fall under its jurisdiction, as the dispute involves complex financial transactions and […]
WazirX, a leading cryptocurrency exchange, has approached its former partner Binance for assistance following a devastating $230-million cyberattack. Industry sources reveal that Binance holds significant control over WazirX’s revenue and WRX tokens, which has complicated WazirX’s ability to reimburse affected customers. As of July 18, the date of the hack, Binance held WRX tokens worth […]