WazirX Hack Recovery: Nischal Shetty Leads Effort to Restart Trading by April 2025
The future of WazirX, one of India’s leading cryptocurrency exchanges, is at stake as creditors prepare to vote on a crucial restructuring plan.
Read More...WazirX Creditors Weigh Restructuring Plan That Could Revive Trading: Details
WazirX creditors are set to vote on a proposed restructuring plan to address losses from a $235 million hack in July 2024. The vote will determine whether the exchange resumes trading or undergoes liquidation under Singapore’s Companies Act.
Read More...WazirX users choose between a new refund plan or waiting until 2030
WazirX users must vote on a restructuring plan to recover funds lost in a $235 million hack. If 75% approve, the exchange will restart in April 2025 and issue recovery tokens for compensation.
Read More...WazirX creditors to decide on recovery plan or risk lengthy liquidation
WazirX creditors will decide in the coming weeks whether to begin receiving compensation for their lost crypto as early as April 2025 or face a prolonged recovery process that could extend to 2030. The vote follows a Singapore High Court ruling allowing the embattled Indian exchange to pursue a restructuring plan rather than face liquidation.
Read More...WazirX $235M Hack Repayment Could Stretch to 2030 Without Creditors Approval
Indian crypto exchange WazirX has announced a comprehensive recovery roadmap for victims of its July 2024 hack, with repayment timelines contingent on creditor approval.
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