Madras High Court's landmark judgement cleared the uncertainty for investors who require legal recourse in case of fraud, misuses. (Photo credit: Alesia Kozik/Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Madras High Court recognised Cryptocurrency as a property under Indian law. People considered it a landmark judgement because it will make the process smooth for investors of this digital asset to seek legal recourse in times of unfortunate events.

Justice Venkatesh was hearing a case filed by an investor whose XRP holdings on the WazirX platform were frozen after a 2024 cyberattack, Bar and Bench reported. The investor had a portfolio of 3,532.30 XRP on WazirX platform.

A crucial subject for this case was to determine whether the investor can be consid

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