Odaily Planet Daily News: The Indian cryptocurrency exchange WazirX is facing increasing challenges, as the Delhi High Court ordered a new investigation into the platform on December 18. On the same day, Binance announced it would delist the exchange's native token WRX. The investigation was prompted by previous allegations of hacking and concerns over financial misconduct, indicating a growing scrutiny of the exchange. Before the court issued the directive, lawyer Jaivir Bains submitted a petition to initiate criminal proceedings against WazirX related to a hacking incident in July 2024 that resulted in a loss of $235 million in cryptocurrency. The Delhi police's preliminary report concluded that there was no criminal case to substantiate the claims, but Judge Sanjeev Narula dismissed the investigation's findings and demanded an update report by February 2025. Previously, there were allegations that a North Korean hacking group orchestrated the breach. Although cybersecurity company Cyfirma led part of the recovery efforts, the exchange acknowledged that 43% of customer funds remain unrecoverable. Meanwhile, Binance announced it would delist WRX due to failure to meet compliance standards. The delisting will take effect on December 25, causing WRX to drop nearly 60% in 24 hours. (CryptoSlate)