Ripple’s XRP Banned From Being Used by WazirX to Cover Platform Losses: Here’s Why
The court affirmed that the users’ XRP remains their property, reinforcing that cryptocurrency is legally recognized as a protected asset. An Indian court has blocked crypto exchange WazirX from reallocating a user’s XRP to cover platform losses. The Madras High Court granted “interim protection,” affirming that the user’s digital assets remain their distinct property…
