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WazirX Loses Singapore Court Bid—Indian Users Left in Regulatory Limbo
WazirX Loses Singapore Court Bid—Indian Users Left in Regulatory Limbo
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WazirX just got a hard 'no' from Singapore's courts—and Indian crypto traders are sweating. The exchange's attempt to dodge regulatory heat backfired spectacularly, leaving users questioning whether their funds are now trapped in bureaucratic purgatory.
Here's the kicker: while exchanges love preaching 'decentralization,' they keep running straight to traditional courts when things go south. Maybe next time try that 'code is law' mantra you sell retail investors?
With India's crypto stance still wobbling between hostility and indifference, WazirX users might need more than hopium to weather this storm. Pro tip: cold wallets don't care about court rulings.
India's leading crypto exchange has just suffered a big hit. The WazirX Singapore court case is not going well after the Singapore High Court rejected its reconstruction plan and denied legal protection f... Read More
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