by: xpoolPosted on:

Singapore Court Approves WazirX Restructuring Plan, Facilitating User Refunds

The Singapore High Court has approved WazirX’s restructuring plan, paving the way for user refunds following a $234 million hack. This decision allows for resumed trading and withdrawals within 10 business days after court approval from creditors and regulatory clearance. Users will regain 85% of their stolen funds.

Related posts:

  1. WazirX Restructures Following Hack, Securing Over 90% Creditor Support
  2. WazirX Achieves Key Milestone: Over 93% of Creditors Vote in Favor of Restructuring Plan
  3. WazirX Restructuring to Proceed with Court Hearing Set for May 13th in Singapore
  4. WazirX Restructuring Plan Receives 95% Creditor Approval, Awaits Court Sanction