Key Notes

The Madras High Court in India has taken sides with an XRP holder against WazirX.

The exchange wants users to absorb a portion of the loss from the $230 million hack.

WazirX has resumed operation with an incentive of zero trading fees.

An Indian court has prevented WazirX, the crypto exchange that suffered a breach, from reallocating users’ XRP XRP $2.64 24h volatility: 0.3% Market cap: $158.28 B Vol. 24h: $3.90 B assets.

According to the Madras High Court, cryptocurrencies are regarded as property, citing fundamental property rights. It also clarified that the customer’s XRP and what was stolen from WazirX are “completely different” digital assets.

Madras High Court Takes Side With XRP Holder

On October 25, an order was delivered by the Mad

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