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Wazirx Tells Creditors to Approve Restructuring Scheme or Wait Till 2030 for Refunds

February 6, 2025 0Comments

Wazirx is set to present its restructuring scheme to its creditors for voting in the coming weeks, after it was approved by a court in Singapore. The exchange has been…

Systmade Total Security

Singapore Court Approves Wazirx's Financial Restructuring Plan, Creditors to Vote Next

January 26, 2025 0Comments

Zettai, The Singapore-based Parent Company of Wazirx, presented a Financial Restructuring Plan to the Singapore High Court this week. The court reviewed and approved the proposal for users of wazirx…

Systmade Total Security

WazirX Restructuring Plan Heads to Court in January; Risk of Liquidation If Rejected

December 20, 2024 0Comments

WazirX users affected by the July hacking incident may face a longer wait for clarity on compensation. In a recent update, Zettai announced plans to present its proposed financial restructuring…

Systmade Total Security

WazirX Hack: Zettai Requests Court Approval to Present Restructuring Plan for Creditor Vote

December 10, 2024 0Comments

Zettai, the Singapore-registered entity overseeing the WazirX crypto exchange in India, is seeking to engage with its creditors following the July hack that resulted in losses exceeding $230 million (roughly…

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