The post NCDRC Dismisses 2000 Crore Hack Lawsuit Against WazirX appeared first on Coinpedia Fintech NewsThe 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. …

NCDRC Dismisses 2000 Crore Hack Lawsuit Against WazirX

The post NCDRC Dismisses 2000 Crore Hack Lawsuit Against WazirX appeared first on Coinpedia Fintech News

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.