2025-12-27 06:24:01

Founder of India's leading crypto exchange WazirX, Nischal Shetty, recently revealed that a long-standing dispute with a major exchange over platform ownership has officially entered the litigation stage. The conflict has a long history — it began in 2019 due to an acquisition agreement, and since then, the two organizations have clashed multiple times in public over control and operational rights. Currently, neither side is willing to back down, and Shetty admitted that both are "standing their ground." The final verdict of the lawsuit could be crucial and will directly determine the future ownership of WazirX. Meanwhile, Shetty also responded to the partnership with custody service provider Liminal.

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GamefiEscapeArtist

· 12h ago

Oh boy, it's the same old story again... Shetty is also the kind of guy who drags things out. The mess from 2019 is only now leading to a lawsuit? I think in the end, this legal battle will still come down to money.

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SillyWhale

· 12-27 06:54

Damn, WazirX is causing trouble again? From 2019 until now, these two really have a grudge. If they lose this lawsuit, Shetty might end up crying in court... Both acquisitions and disputes, does the Indian exchange never have a moment of peace? Honestly, everyone claims to be right, but it all depends on how the judge rules. How did Liminal respond? I have a feeling there might be some tricks up their sleeve. WazirX's token holders are now probably panicking, everyone is worried about the safety of their funds. This lawsuit could take a year or two to resolve; can the platform still operate stably? Starting from 2019, it's been almost 5 years, why hasn't it ended yet? I'm starting to smell a platform crisis...

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GasFeeCrybaby

· 12-27 06:52

Another exchange drama of bickering, dragging on since 2019 and still going strong. It looks like the court case will take several more years; WazirX users are really having a tough time. Who will guarantee the safety of funds during the lawsuit? That's the real concern. Indian exchange drama is always so sensational. What stance will Liminal take this time? In the end, the winners are probably the lawyers. Who will pay the fees? Haha

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On-ChainDiver

· 12-27 06:39

Another ownership battle, dragging on since 2019, how exhausting... When will the WazirX mess finally be resolved? How long does a court ruling take? Nischal is really serious this time, going to litigation... Honestly, no one can predict how the legal part will turn out. The Indian exchange is really ridiculous; one ownership issue can be tangled for so many years. Restrictive operations, both sides are fighting each other to the death. They will probably settle in the end, litigation costs are also terrifying. I'm a bit curious about Liminal's stance—will they also get involved?

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