A cyber hack case of ₹ 2000 crore related to Wazirx Crypto Trade has now reached the Supreme Court. In this high-profile case, a total of 54 Victims have filed a criminal writ petition file in the Supreme Court, which has been demanded for Investigation on Wazirx co-founder Nischal Shetty, Binance Holdings, Liminal Custody and other responsible organizations.
Wazirx Hack Case hearing will be held today
Wazirx hack The case will be heard today by the Supreme Court Bench, Justice Br Gavai and Justice Augustine Masih on April 16, Wednesday. The petition has also made the central agencies such as CBI, NIA, FIU, SEBI, RBI and Union of India.
On behalf of the petitioners, Advocate Priyanka Prakash will represent the case, while the main debate will lead Advocate Maitreyi S. Hegde. Advocate Anjali Anil and Advocate Radhika Prasad will also present arguments on behalf of the petitioners.
Wazirx, Binance and Liminal Custody allegations of negligence
The petitioners allege that Founder about Wazirx Hack is not serious And Wazirx, Binance and Liminal Custody are negligent in keeping public funds safe in a cryptocurrency of ₹ 4500 crore. In this large cyber hack held in July 2024, digital assets worth ₹ 2000 crore were stolen from the Wazirx platform and so far about 4.4 million Indian users funds have been stranded for the last 10 months, causing heavy losses to investors. Wazirx itself has also accepted that there is a dispute with the binance over the exchange of the exchange, causing this case to become more difficult.
Victims got relief from Supreme Court hearing
Regarding the Wazirx Hack Case, Victims said that he had expected justice from the Supreme Court hearing. One Victim said, “We were wandering from rate to rate for the last several months. Now that the Supreme Court has taken the matter seriously, it seems that we will get justice.”
The court’s verdict in this case can become an example not only for Wazirx Victims, but also for the entire Indian Crypto Market. It will now be seen what the Supreme Court issues guidelines in this high-profile case and whether strict action is taken against the culprits.
Conclusion
Wazirx Hack Case has become the largest cyber hack in Indian Crypto history, in which millions of users have been hard -earned. The Supreme Court hearing is an important step in this direction, which can not only provide justice to Victims, but can also assign a new example of transparency in the Crypto industry. Now everyone’s eyes are on the decision of the Supreme Court, which can determine the direction of the future of digital finance in the country.
