WazirX News: Singapore Clears Plan for Restart, Bringing Respite to Victims of $230M Hack

Singapore court sanctions crypto exchange WazirX’s creditor-approved restructuring scheme

A cyberattack on WazirX in July last year led to the theft of about Rs 2,000 crore worth of funds. Later in September, the exchange filed a moratorium applicati

WazirX News: Singapore Clears Plan for Restart, Bringing Respite to Victims of $230M Hack

The sanction order followed an August re-vote that saw 95.7% of creditors by number and 94.6% by value support the plan.

Singapore Court approves WazirX’s restructuring plans following $230-mn hack

'As soon as the scheme is legally effective based on today’s verdict, we will start platform operations within 10 business days,' said founder Nischal Shetty

Wazirx Cleared by Singapore Court, Eyes Relaunch Within 10 Days of Filing Order

Indian crypto exchange Wazirx secured court approval for its restructured recovery plan, setting the stage for platform relaunch, user compensation, token distributions, and renewed operations. Singapore Court Approves Wazirx Recovery Plan With Modifications Indian crypto exchange Wazirx announced on Oct. 13 that the Singapore High Court has approved the restructuring scheme proposed by Zettai Pte […]

After $234M Hack, WazirX Gets Court Approval For Major Rebuild - Coin Surges

Singapore’s High Court has given the green light to a restructuring plan for crypto exchange WazirX, clearing a major obstacle in the company’s effort to repay users after last year’s large theft. According to reports, the court’s approval on October 13 allows the exchange to move ahead with a court-supervised recovery process tied to the $234 million hack that hit the platform in July 2024. Creditor Vote And Numbers Based on reports from the co…

After $234M Hack, WazirX Gets Court Approval For Major Rebuild

Singapore’s High Court has given the green light to a restructuring plan for crypto exchange WazirX, clearing a major obstacle in the company’s effort to repay users after last year’s large theft. According to reports, the court’s approval on October 13 allows the exchange to move ahead with a court-supervised recovery process tied to the...