wazirX
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$WRX price rallies 27.84% to $0.0763 in the past 24 hours, up above all moving averages as only 2 days left for the WazirX revote results. 📈
WRX trade volume soars 77% to $175.31K and market cap hits $33 million for the first time since 21st December 2024. 🔥
#WazirX
WRX trade volume soars 77% to $175.31K and market cap hits $33 million for the first time since 21st December 2024. 🔥
#WazirX
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Delhi Court Orders WazirX to Disclose Agreement with Binance and Restructuring Plan
The Supreme Court #Delhi has ordered Zettai Pte Ltd - the company that owns the crypto exchange WazirX in Singapore - to disclose details of its agreement with Binance and the restructuring plan within a week. This decision comes after WazirX faced pressure from creditors following a $235 million hack last year.
Complex Relationship and Demand for Transparency
Creditors of #WazirX have filed a lawsuit in court, demanding clarification on the hack and how the company handled it afterward. The court's decision has prompted clarity on WazirX's complex ownership structure, especially after Binance publicly denied completing the acquisition of this exchange in September 2024. Binance claims that WazirX is attempting to "shift blame" and asserts that they have never owned or operated this platform. #Hacker
Request to Establish Special Investigation Team
Creditors are also seeking to establish a Special Investigation Team (SIT) consisting of experts from various agencies to investigate the cyber attack. According to representing lawyers, the court's move reflects the recognition of the right to information and the ownership rights of users over digital assets. The involvement of regulatory bodies like the Reserve Bank of India (RBI) also brings hope for a tighter legal framework to protect users in the future.
The Supreme Court #Delhi has ordered Zettai Pte Ltd - the company that owns the crypto exchange WazirX in Singapore - to disclose details of its agreement with Binance and the restructuring plan within a week. This decision comes after WazirX faced pressure from creditors following a $235 million hack last year.
Complex Relationship and Demand for Transparency
Creditors of #WazirX have filed a lawsuit in court, demanding clarification on the hack and how the company handled it afterward. The court's decision has prompted clarity on WazirX's complex ownership structure, especially after Binance publicly denied completing the acquisition of this exchange in September 2024. Binance claims that WazirX is attempting to "shift blame" and asserts that they have never owned or operated this platform. #Hacker
Request to Establish Special Investigation Team
Creditors are also seeking to establish a Special Investigation Team (SIT) consisting of experts from various agencies to investigate the cyber attack. According to representing lawyers, the court's move reflects the recognition of the right to information and the ownership rights of users over digital assets. The involvement of regulatory bodies like the Reserve Bank of India (RBI) also brings hope for a tighter legal framework to protect users in the future.
✅ India Court Orders WazirX to Reveal Binance Deal 🧾
The Delhi High Court has told WazirX operator Zettai to disclose acquisition terms with Binance, including files from the Singapore restructuring plan.
This comes after a $235 million hack raised questions about who really owns #WazirX .
📌 Why it matters:
Transparency builds trust. With clearer ownership records, users feel safer using crypto platforms — especially in countries with gray regulations.
Should all major exchanges be required to publish ownership details?
#CryptoSecurity #transparency #CryptoIndia #IndiaNews
The Delhi High Court has told WazirX operator Zettai to disclose acquisition terms with Binance, including files from the Singapore restructuring plan.
This comes after a $235 million hack raised questions about who really owns #WazirX .
📌 Why it matters:
Transparency builds trust. With clearer ownership records, users feel safer using crypto platforms — especially in countries with gray regulations.
Should all major exchanges be required to publish ownership details?
#CryptoSecurity #transparency #CryptoIndia #IndiaNews
BREAKING: Delhi High Court ne Zettai Pte. Ltd. ko order diya hai ki wo Binance ke saath apna official agreement submit kare.
⚖️ Court ne specifically Paragraph 22 ka reference diya, jahan claim kiya gaya hai ki Binance ne WazirX ko 2019 me acquire kiya tha.
Ab court ne kaha hai: “Show the proof.”
📅 Next hearing: 26 August 2025
Ye case sirf ek legal battle nahi — yeh India ke Web3 space ke liye bhi precedent set karega.
Binance–WazirX saga ab final turn le raha hai. 👀
#Binance #WazirX #DelhiHighCourt #cryptoindia
⚖️ Court ne specifically Paragraph 22 ka reference diya, jahan claim kiya gaya hai ki Binance ne WazirX ko 2019 me acquire kiya tha.
Ab court ne kaha hai: “Show the proof.”
📅 Next hearing: 26 August 2025
Ye case sirf ek legal battle nahi — yeh India ke Web3 space ke liye bhi precedent set karega.
Binance–WazirX saga ab final turn le raha hai. 👀
#Binance #WazirX #DelhiHighCourt #cryptoindia
If you're an Indian Crypto Investor and your funds are stuck in WAZIRX, here's the recent update from the Singapore Court.
#Important Update for #WazirX users who lost their funds to the #CryptoHack #scam
#Important Update for #WazirX users who lost their funds to the #CryptoHack #scam
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that day July 6, 7, and 8 onwards my account was transferred to other people and they hacked my cell phone and my Google account #robaron my cryptos even did everything possible to steal my Money 👿😡🤬they got me into legal troubles just to have my signature and my INE every month$$$thanks to those troubles opportunities I had job offers with the 🎵🎵🎼 were lost #hackers #Wazirx #Criptos #Billeteras my Account on Binance super hacked 👿👿
#Without Yolanda Mari Carmen
is the same as saying without (Crying)
around here in #Mexico
#Haha anyway I'm not scared #Let's go
#Without Yolanda Mari Carmen
is the same as saying without (Crying)
around here in #Mexico
#Haha anyway I'm not scared #Let's go
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⚖️ The judiciary acquits WazirX from the lawsuit! ⚖️
The National Consumer Disputes Redressal Commission (NCDRC) issued a ruling rejecting the lawsuit against the #WazirX platform, noting that cryptocurrencies 🪙 are not classified as goods or services under current Indian law.
❗ The absence of legislation hampers cases ❗
With no clear legal regulations governing the crypto market in India 🇮🇳, the court was unable to proceed with the case, reflecting the legal gap faced by these digital assets 📉.
🔍 What’s next?
This decision highlights the urgent need for a clear legal and regulatory framework 📜 to protect investors and ensure transaction transparency in the growing world of cryptocurrencies 🚀.
#India #WazirX #X #NCDRC #CryptoNews
The National Consumer Disputes Redressal Commission (NCDRC) issued a ruling rejecting the lawsuit against the #WazirX platform, noting that cryptocurrencies 🪙 are not classified as goods or services under current Indian law.
❗ The absence of legislation hampers cases ❗
With no clear legal regulations governing the crypto market in India 🇮🇳, the court was unable to proceed with the case, reflecting the legal gap faced by these digital assets 📉.
🔍 What’s next?
This decision highlights the urgent need for a clear legal and regulatory framework 📜 to protect investors and ensure transaction transparency in the growing world of cryptocurrencies 🚀.
#India #WazirX #X #NCDRC #CryptoNews
Something Brewing Behind the Scenes?
Our EyeOnChain team caught an interesting detail—#WazirX India’s X account i.e. @WazirXIndia follows no one. Zero. Not even Binance.
But here’s the twist: #Binance (@binance) still follows WazirX India, along with Binance Customer Support (@BinanceHelpDesk) and #YZILabs (@yzilabs).
What’s going on here? Could it mean $WRX making a comeback on Binance? Or is it just another crypto market enigma?
No confirmations, just observations. But one thing’s for sure—the crypto space never fails to surprise.
Our EyeOnChain team caught an interesting detail—#WazirX India’s X account i.e. @WazirXIndia follows no one. Zero. Not even Binance.
But here’s the twist: #Binance (@binance) still follows WazirX India, along with Binance Customer Support (@BinanceHelpDesk) and #YZILabs (@yzilabs).
What’s going on here? Could it mean $WRX making a comeback on Binance? Or is it just another crypto market enigma?
No confirmations, just observations. But one thing’s for sure—the crypto space never fails to surprise.
#wazirx scamIndia
Whichever crypto you love most ?
tags your coins
#$XRP
#wazirx scam india
$DOGE
#DOGSONBINANCE
tags your coins
#$XRP
#wazirx scam india
$DOGE
#DOGSONBINANCE
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WazirX Recovers 3 Million USD USDT Stolen From 230 Million USD Hack
The cryptocurrency exchange WazirX, once the largest platform in India, has made significant strides in its efforts to recover stolen assets from the 230 million USD hack in July 2024. After 4 months of investigation and legal coordination, #WazirX successfully froze 3 million USD in USDT.
The asset recovery journey
The cyber attack on WazirX resulted in a loss of 45% of the exchange's reserves, with ERC-20 tokens on the $ETH network being the primary targets. Immediately after the incident, WazirX initiated investigations and obtained a temporary order from the Supreme Court of Singapore to suspend payment obligations for 4 months to proceed with debt restructuring.
The asset recovery journey
The cyber attack on WazirX resulted in a loss of 45% of the exchange's reserves, with ERC-20 tokens on the $ETH network being the primary targets. Immediately after the incident, WazirX initiated investigations and obtained a temporary order from the Supreme Court of Singapore to suspend payment obligations for 4 months to proceed with debt restructuring.
There have been multiple crypto hacks in the history and once funds are gone, unfortunately they don't come back specially from a hackers that are professional.
Sometime hacks are pre planned.
#wazirx
Post credit : @ ?
Sometime hacks are pre planned.
#wazirx
Post credit : @ ?
Finally, CZ breaks silence on WazirX! 🗣️
Are there any good exchanges in India? ⁉️
Even CoinDCX lags a bit for me. What do you guys think? 🧐
#wazirX #india_crypto
Are there any good exchanges in India? ⁉️
Even CoinDCX lags a bit for me. What do you guys think? 🧐
#wazirX #india_crypto
Trading on Indian exchanges is a joke.
#Binance remains unmatched — that’s why it’s called the King of Crypto Exchanges 👑
One big lesson from the #WazirX scam:
Not your keys, not your coins.
If your crypto sits on an exchange, you don’t own it — they do.
Now here’s the legal paradox:
If users don’t truly own the crypto on these platforms,
Why are we paying capital gains tax and TDS?
What’s being traded — real assets or just numbers on a screen?
Also, if WazirX claims all July 18 transactions were reversed…
Why did they still deduct TDS?
This isn’t just shady — it’s a scam that demands answers.
#Binance remains unmatched — that’s why it’s called the King of Crypto Exchanges 👑
One big lesson from the #WazirX scam:
Not your keys, not your coins.
If your crypto sits on an exchange, you don’t own it — they do.
Now here’s the legal paradox:
If users don’t truly own the crypto on these platforms,
Why are we paying capital gains tax and TDS?
What’s being traded — real assets or just numbers on a screen?
Also, if WazirX claims all July 18 transactions were reversed…
Why did they still deduct TDS?
This isn’t just shady — it’s a scam that demands answers.
Delhi High Court orders new probe into WazirX amid Binance delisting
The Delhi High Court demanded a fresh investigation in response to allegations of financial irregularities and a North Korean-linked hack.
Indian crypto exchange WazirX faces mounting challenges after the Delhi High Court ordered a fresh investigation into the platform on Dec. 18 — the same day Binance announced it would delist the exchange’s native token WRX.
The probe, spurred by allegations of a prior hack and concerns over financial irregularities, signals intensifying scrutiny on the beleaguered exchange.
The court’s directive came after Advocate Jaivir Bains filed a petition calling for criminal proceedings against WazirX in connection with a July 2024 breach that resulted in a loss of $235 million in crypto.
Initial reports from Delhi police concluded that no criminal case could be substantiated, but Justice Sanjeev Narula rejected the findings and required an updated status report by February 2025.
The investigation highlights lingering doubts about WazirX’s operational integrity, particularly in light of allegations that a North Korean hacking group orchestrated the breach. Despite a partial recovery effort led by cybersecurity firm Cyfirma, the exchange admitted that 43% of customer funds remain unrecoverable.
Binance delisting
The legal development comes as Binance announced it would delist WRX, citing a failure to meet compliance standards.
The delisting, effective Dec. 25, triggered a 59% drop in WRX’s value, reflecting eroded investor confidence. Binance has also denied ownership of WazirX, alleging the exchange is controlled by Zanmai Labs, which operates under the jurisdiction of India’s Financial Intelligence Unit.
While WazirX attempts to regain stability, including plans to relaunch its platform and introduce a decentralized exchange, critics have highlighted deficiencies in its crisis management and transparency. “The court’s move to demand a fresh probe reflects the severity of the allegations and raises questions about the future of WazirX,” said a legal analyst familiar with the case.
WazirX has pledged to rebuild with enhanced services, but the combination of regulatory scrutiny, financial losses, and market instability poses a formidable challenge for the once-prominent exchange.
#wazirX $WRX
Indian crypto exchange WazirX faces mounting challenges after the Delhi High Court ordered a fresh investigation into the platform on Dec. 18 — the same day Binance announced it would delist the exchange’s native token WRX.
The probe, spurred by allegations of a prior hack and concerns over financial irregularities, signals intensifying scrutiny on the beleaguered exchange.
The court’s directive came after Advocate Jaivir Bains filed a petition calling for criminal proceedings against WazirX in connection with a July 2024 breach that resulted in a loss of $235 million in crypto.
Initial reports from Delhi police concluded that no criminal case could be substantiated, but Justice Sanjeev Narula rejected the findings and required an updated status report by February 2025.
The investigation highlights lingering doubts about WazirX’s operational integrity, particularly in light of allegations that a North Korean hacking group orchestrated the breach. Despite a partial recovery effort led by cybersecurity firm Cyfirma, the exchange admitted that 43% of customer funds remain unrecoverable.
Binance delisting
The legal development comes as Binance announced it would delist WRX, citing a failure to meet compliance standards.
The delisting, effective Dec. 25, triggered a 59% drop in WRX’s value, reflecting eroded investor confidence. Binance has also denied ownership of WazirX, alleging the exchange is controlled by Zanmai Labs, which operates under the jurisdiction of India’s Financial Intelligence Unit.
While WazirX attempts to regain stability, including plans to relaunch its platform and introduce a decentralized exchange, critics have highlighted deficiencies in its crisis management and transparency. “The court’s move to demand a fresh probe reflects the severity of the allegations and raises questions about the future of WazirX,” said a legal analyst familiar with the case.
WazirX has pledged to rebuild with enhanced services, but the combination of regulatory scrutiny, financial losses, and market instability poses a formidable challenge for the once-prominent exchange.
#wazirX $WRX
🚨 Big win for WazirX! 🚀 The exchange secures a crucial extension to revive its post-hack restructuring plan.
This extension could be a game changer in rebuilding confidence and stabilizing operations. 💪
#CryptoNews #WazirX #Blockchain #CryptoRecovery #CryptoExchange
This extension could be a game changer in rebuilding confidence and stabilizing operations. 💪
#CryptoNews #WazirX #Blockchain #CryptoRecovery #CryptoExchange
🌟 Unlock the Power of WRX on WazirX! 🌟
WRX is the utility token driving WazirX, India’s leading cryptocurrency exchange, built on the Binance blockchain. It’s not just a token; it’s your gateway to exclusive benefits within the WazirX ecosystem. Here's why you need WRX in your portfolio:
🔥 Why WRX? 🔥
1️⃣ Trading Fee Discounts 💰: Enjoy up to 50% off on trading fees when you pay with WRX. Save more while you trade!
2️⃣ Token Mining ⛏️: Mine WRX as you trade. The higher your trading volume, the more WRX you can earn!
3️⃣ Investment Potential 📈: WazirX’s growth fuels WRX’s value, making it a strong contender for long-term investors.
4️⃣ NFT Marketplace 🎨: Use WRX to buy unique NFTs and explore the digital collectibles space on WazirX's NFT platform.
5️⃣ Airdrops & Rewards 🎁: Be rewarded for being a holder! Gain access to exclusive airdrops and promotions.
6️⃣ Convert Dust to WRX 🔄: Turn small, unused balances into WRX, consolidating every bit of your assets efficiently.
🌐 Join the Future of Trading with WRX
Whether you're a trader, collector, or investor, WRX offers unmatched versatility in the crypto world. As WazirX expands, the potential of WRX grows too!
💡 Get WRX today and experience the next level of trading!
#WRX #WazirX #CryptoIndia #BinanceBlockchain #TradingBenefits #Write2Earn #NFTSuccess #CryptoRewards $LUNA
$LUNC
WRX is the utility token driving WazirX, India’s leading cryptocurrency exchange, built on the Binance blockchain. It’s not just a token; it’s your gateway to exclusive benefits within the WazirX ecosystem. Here's why you need WRX in your portfolio:
🔥 Why WRX? 🔥
1️⃣ Trading Fee Discounts 💰: Enjoy up to 50% off on trading fees when you pay with WRX. Save more while you trade!
2️⃣ Token Mining ⛏️: Mine WRX as you trade. The higher your trading volume, the more WRX you can earn!
3️⃣ Investment Potential 📈: WazirX’s growth fuels WRX’s value, making it a strong contender for long-term investors.
4️⃣ NFT Marketplace 🎨: Use WRX to buy unique NFTs and explore the digital collectibles space on WazirX's NFT platform.
5️⃣ Airdrops & Rewards 🎁: Be rewarded for being a holder! Gain access to exclusive airdrops and promotions.
6️⃣ Convert Dust to WRX 🔄: Turn small, unused balances into WRX, consolidating every bit of your assets efficiently.
🌐 Join the Future of Trading with WRX
Whether you're a trader, collector, or investor, WRX offers unmatched versatility in the crypto world. As WazirX expands, the potential of WRX grows too!
💡 Get WRX today and experience the next level of trading!
#WRX #WazirX #CryptoIndia #BinanceBlockchain #TradingBenefits #Write2Earn #NFTSuccess #CryptoRewards $LUNA
$LUNC
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