The Supreme Court of India rejects the petition of victims of the WazirX hacking case According to CCN, the Supreme Court of India has rejected the petition of 54 victims of the WazirX hacking case due to the lack of a clear regulatory framework for cryptocurrencies, stating that the court has no authority to intervene in such policy matters and recommending that victims appeal to relevant regulatory agencies. The case involves user funds worth approximately $235 million. WazirX is currently undergoing court supervised restructuring in Singapore, and users expect to recover up to 45% -50% of their losses.