India’s WazirX, once the country’s leading cryptocurrency exchange, has cleared a critical hurdle in its path to recovery. On April 7th, Zettai Pte Ltd., the parent company of […]
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 […]
WazirX Creditors Favor Restructuring Plan Following Major Hack
Over 90% of WazirX creditors have voted in favor of the exchange’s proposed restructuring plan following a devastating hacking incident, exceeding legal requirements and paving the way for […]
WazirX Restructuring Plan Gains Creditor Approval, Securing 93% Support
A significant milestone has been reached by WazirX, as a majority of creditors have approved their restructuring plan. This move signifies a crucial step towards recovering funds and […]
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 […]
WRX Price Soars 32% on WazirX User Vote for Recovery Plan
WazirX token (WRX) experienced a dramatic price surge of over 32%, reaching $0.02678, in a single day following the successful outcome of its user vote on its recovery […]
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 […]
Overwhelming Majority of WazirX Creditors Approve Recovery Plan Following Major Hack
The Indian crypto exchange WazirX achieved a significant victory in its recovery plan following a $235 million hack earlier this year. A majority of creditors, with 93.1% participation […]
WazirX Debt Restructuring Clears Hurdle, Paving Way for User Fund Recovery
WazirX has secured significant creditor support for its debt restructuring plan, clearing a major hurdle in the recovery process. Over 90% of creditors voted in favor of Zettai’s […]
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 […]
WazirX Creditors Approve Post-Hack Restructuring Plan
Over 90% of WazirX creditors have voted in favor of the platform’s post-hack restructuring plan, signaling a significant step towards recovery following a $235 million theft. The plan […]
WazirX Creditors Rally Behind Post-Hack Restructuring Plan
Over 90% of WazirX creditors have voted in favor of the platform’s post-hack restructuring plan, demonstrating strong community support for its recovery. This comes after a significant security […]
WazirX Announces Debt Restructuring Plan to Rebuild User Trust Following Cyberattack
Following a cybersecurity attack last year, Indian cryptocurrency exchange WazirX has embarked on a significant debt restructuring process. This plan, submitted to the Singapore High Court for approval, […]
WazirX Restructuring Plan Approved by High Court: Vote Scheduled for March 2025
WazirX has received a crucial approval, with the Singapore High Court confirming their debt restructuring plan for creditors. This decision is vital as it safeguards against substantial liquidation […]
WazirX Receives Strong Support for Restructuring Plan, Claims Over $195 Million Approved
Overwhelming support from WazirX users has been received regarding the exchange’s restructuring plan following a major cybersecurity incident that resulted in a loss of ₹2,000 crore in crypto […]