Delhi High Court Tells WazirX To Hand Over Binance Deal
The Delhi High Court has ordered Zettai Pte Ltd, the company behind crypto exchange WazirX, to hand over documents detailing its agreement with Binance, as well as its ongoing restructuring plan. The court gave a deadline of one week. This comes after months of fallout from a $235 million hack and a growing number of.. The post Delhi High Court Tells WazirX To Hand Over Binance Deal appeared first on 99Bitcoins.
The Delhi High Court has ordered Zettai Pte Ltd, the company behind crypto exchange WazirX, to hand over documents detailing its agreement with Binance, as well as its ongoing restructuring plan.
The court gave a deadline of one week. This comes after months of fallout from a $235 million hack and a growing number of lawsuits from creditors trying to recover lost funds.
Creditors Demand Answers After Major Breach
The pressure to come clean has been building since the 2024 security breach that left users reeling. Creditors have argued that without clear information about who owns what and how the company plans to move forward, there’s no way to properly assess how users might get their money back. The court’s ruling signals a turning point, forcing the company to show its hand.
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