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NCDRC Dismisses ₹2000 Crore Hack Lawsuit Against WazirX

CryptoExpert by CryptoExpert
March 28, 2025
in Regulation
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WazirX Announces Key Townhall for Creditors: Don't Miss Out!
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US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs

Bitcoin Trading Volume Falls Below $1B as Market Activity Slows

SEC Proposes New Crypto Rules in Absence of CLARITY Act

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 crypto regulations in India.



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