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The Madras HC has held that cryptocurrency qualifies as “property” under Indian law — capable of being owned, enjoyed, transferred, and held in trust
The judgment came during a case involving Zanmai Labs Private Limited, the operator of crypto exchange WazirX, and an investor whose 3,532.30 XRP tokens were frozen after the infamous July cyberattack
The interim order also restrained WazirX and its directors from redistributing or reallocating the frozen tokens until arbitration…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
The Madras HC has held that cryptocurrency qualifies as “property” under Indian law — capable of being owned, enjoyed, transferred, and held in trust
The judgment came during a case involving Zanmai Labs Private Limited, the operator of crypto exchange WazirX, and an investor whose 3,532.30 XRP tokens were frozen after the infamous July cyberattack
The interim order also restrained WazirX and its directors from redistributing or reallocating the frozen tokens until arbitration…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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