WazirX Dodges ₹2000 Crore Hack Lawsuit: Court Says “Crypto? What Crypto?”

In a move that surprised absolutely no one who’s been paying attention to the wild west of cryptocurrency, the National Consumer Disputes Redressal Commission (NCDRC) has dismissed a ₹2000 crore hack lawsuit against WazirX. The court, in its infinite wisdom, essentially shrugged and said, “Cryptocurrency? Never heard of it. Is that like Monopoly money, but with more drama?” 🎭

The ruling, which highlighted the glaring regulatory void in India’s crypto landscape, was less of a legal decision and more of a cosmic shrug. The court’s logic seemed to be: “If we don’t have rules for it, it can’t possibly exist. Case closed. Next!” 🚫💼

This decision, while a win for WazirX, is a stark reminder that the world of cryptocurrency is still the digital equivalent of a toddler with a chainsaw—chaotic, unpredictable, and occasionally dangerous. As the debate over crypto regulations in India continues, one thing is clear: the law is still trying to figure out if Bitcoin is a currency, a commodity, or just a very elaborate prank. 🤔💸

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2025-03-28 16:07