CoinSwitch Gets Court Approval to Secure $5 Million Stuck on WazirX After Hack
Yahoo Financeยท2025-10-10 15:21
The Bombay High Court has ruled Indian crypto exchange CoinSwitch can secure its stolen assets held on the embattled WazirX platform. Up until now, WazirX operator Zanmai Labs, which is an Indian subsidiary of Singapore-based crypto exchange Zettai, objected to CoinSwitch retrieving its funds. In a judgment delivered Tuesday, Justice Somasekhar Sundaresan upheld an arbitration tribunal's order requiring Zanmai Labs to provide bank guarantees of approximately $5.4 million (Rs 45.38 crores) to protect Coin ...