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Why NCDRC called the current crypto regime ‘nebulous’, dismissed WazirX case

Summary by Crypto News Wire - Latest Crypto News And Analysis
Underlining the continued lack of clarity on the issue of cryptocurrency regulation, the National Consumer Disputes Redressal Commission (NCDRC) last week dismissed a lawsuit by investors against WazirX, a cryptocurrency exchange focused on the Indian market. Investors approached the NCDRC claiming a ‘deficiency in service’ by WazirX after a cybersecurity breach last July saw the firm lose about $233 million. They argued that WazirX failed to im…
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Crypto News Wire - Latest Crypto News And AnalysisCrypto News Wire - Latest Crypto News And Analysis

Why NCDRC called the current crypto regime ‘nebulous’, dismissed WazirX case

Underlining the continued lack of clarity on the issue of cryptocurrency regulation, the National Consumer Disputes Redressal Commission (NCDRC) last week dismissed a lawsuit by investors against WazirX, a cryptocurrency exchange focused on the Indian market. Investors approached the NCDRC claiming a ‘deficiency in service’ by WazirX after a cybersecurity breach last July saw the firm lose about $233 million. They argued that WazirX failed to im…

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sfctoday.comsfctoday.com

Why Are Crypto Exchanges Easy Targets for Hackers

Find out why these platforms remain easy targets and what’s putting billions at risk Crypto exchanges serve as pivotal hubs in the digital asset ecosystem, facilitating the buying, selling, and trading of various cryptocurrencies. Despite their central role, these platforms have become prime targets for cybercriminals, leading to significant financial losses and undermining user trust. Understanding the factors that contribute to their vulnerabi…

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sfctoday.com broke the news in on Friday, April 4, 2025.
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