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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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What Happens If The Bill Doesn’t Pass?

Revised CLARITY Act Sets Rules for Controlled DeFi

Crypto Market Could Eye $3.30T After CLARITY Act Vote

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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