WazirX has announced a positive development regarding its restructuring plan. The company recently shared that the Sanction Application is now filed with the Singapore Court, and a hearing […]
WazirX Achieves Key Milestone: Over 93% of Creditors Vote in Favor of Restructuring Plan
India’s WazirX, formerly one of the nation’s largest cryptocurrency exchanges, has taken a crucial step toward recovery. On April 7th, Zettai Pte Ltd., the Singapore-based parent company of […]
Over 90% of WazirX Creditors Approve Restructuring Plan
WazirX has received overwhelming support for its restructuring plan, with over 90% of creditors voting in favor. This crucial step clears the path for a Singapore court review […]
Overwhelming Support for WazirX Restructuring Plan
WazirX, a prominent Indian cryptocurrency exchange, has received overwhelming support for its restructuring plan from creditors. The Singapore-based company’s Scheme of Arrangement was voted on by over 141,000 […]
WazirX Restructures Following Hack, Securing Over 90% Creditor Support
History suggests that similar incidents in the crypto sector have led to widespread overhauls. This restructuring plan aims to address vulnerabilities more comprehensively, as Jason Kardachi, stated, “Efforts […]