In a surprising move, the Madras High Court in India officially ruled that cryptocurrencies are “property capable of being possessed and held in trust,” basically giving them full legal recognition under Indian 0 IN: India’s Madras High Court legally recognises $XRP as property, granting it protection under criminal 1 — Whale Insider (@WhaleInsider) November 5, 2025 The case started when a user named Rhutikumari sued WazirX after the exchange froze her account, which held 3,532.30 XRP worth around $9,400. The issue traced back to WazirX’s response to a massive $235 million hack in July 2 cover the losses, the exchange came up with a “socialization of losses” plan, meaning everyone’s funds would take a hit to share the 3 was not having it, and neither was the 4 judge ruled in her 5 WazirX from touching her XRP and ordering them to provide a bank guarantee of about $11,500 while the case 6 This Matters and Could This Unlock Global Legal Recognition?
This ruling is a big win for Indian crypto holders since it officially confirms that owning crypto in India is legally protected, just like any other type of 7 gives investors a stronger legal base in cases like hacks, frozen accounts, or exchange 8 of the biggest issues with crypto worldwide has always been legal “fuzziness.” No one knowing exactly how it’s treated under the 9 that up could seriously boost investor confidence, attract more 10 even push up domestic demand for assets like XRP if other countries follow India, the US, the UK, and Singapore in treating crypto like property. BREAKING: @Ripple just dropped a new video! #XRP IT'S HAPPENING 11 — JackTheRippler © (@RippleXrpie) November 4, 2025 XRP Price Prediction: Is a $3 Comeback on the Way?
Ripple USD (RLUSD) has officially entered the top 10 USD stablecoins in under a year, crossing the $1 billion market cap 12 Ripple expanding its XRP-powered ecosystem and securing new partnerships, momentum is clearly building as the chart continues to show steady accumulation around the 2.00–2.60 range.), or even credit 13 has raised over 2M within a short amount of 14 in 15 the Official Website Here
Story Tags

Latest news and analysis from cryptonews



