Plea filed against WazirX, partners in NCLT over crypto asset theft

A petition has been filed against Zanmai Labs Private Limited (WazirX), its infrastructure partner Liminal, and other associated entities in the National Company Law Tribunal (NCLT) Indore following a $230 million crypto asset theft, according to news reports.

“We are aware of the petition filed against us before the NCLT, Indore, and we are taking necessary legal action. Since it is an ongoing legal proceeding, we cannot discuss the details of the petition. We will respond as per the prescribed procedure under law before the NCLT. The NCLT will decide the weight of the petition on legal grounds,” a WazirX spokesperson said.