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The sanction order followed an August re-vote that saw 95.7% of creditors by number and 94.6% by value support the plan.

WazirX Restructuring Cleared in Massive Relief for $230M Hack Victims

Bitcoin Bears Urge Caution as BTC Price Tops $122K: Crypto Daybook Americas

Creditors were banking on a promise to have their funds distributed in April 2025. That shifted further and now looks to be in indefinite territory again.

WazirX's Restructuring Plan Declined by Singapore Court, Hacked Indian Exchange Says 

India’s crypto landscape is charging forward as Wazirx hits a critical milestone in its comeback strategy, officially entering recovery mode with a sanctioned scheme that promises restored user access, token distributions, and a platform relaunch in just 10 business days. Wazirx Sets Stage for Comeback With Filed Scheme of Arrangement Indian crypto exchange Wazirx announced [&#8230;]

Wazirx Announces Platform Relaunch Following Court-Backed Recovery Plan

WazirX, the Indian crypto exchange that lost $240 million in a July 2024 hack, will resume operations within 10 business days following Singapore court’s approval.

$240M Hacked Crypto Exchange WazirX to Start Operations Soon on Court Nod

The post WazirX Set to Restart Operations Before 30 October, Enters Implementation Phase appeared first on Coinpedia Fintech News

WazirX Set to Restart Operations Before 30 October, Enters Implementation Phase

Crypto exchange WazirX has received approval from the Singapore High Court to move forward with...

WazirX Gets Singapore Court Nod to Repay Users Following $234M Hack

The Singapore High Court has approved WazirX’s long-awaited restructuring plan, completing a key stage in the exchange’s efforts to recover from the $234 million hack that shut down operations in July 2024.&#160; The ruling ended a long stretch of uncertainty after the July 2024 breach and has given the exchange a court-backed path to restore [&#8230;]

WazirX Wins Singapore Court Approval; Restart In 10 Days, Repayments Next

Crypto exchange WazirX received approval from the Singapore High Court for its long-awaited restructuring plan.

Singapore Court Clears WazirX Path to User Repayments

The Singapore High Court sanctioned WazirX’s restructuring plan under Zettai Pte Ltd. Once the ruling is filed with ACRA, WazirX will relaunch within 10 business days. The decision marks a major step in rebuilding user trust and has been welcomed by the crypto community. WazirX, once known as one of Asia’s leading cryptocurrency exchanges, has [&#8230;]

Breaking: Singapore High Court Sanctions Scheme of Arrangement for Wazirx Relaunch

The Indian crypto exchange WazirX has cleared a major legal hurdle in its recovery journey after last year’s $234.9 million hack. The Singapore High Court has approved its debt restructuring plan, paving the way for the exchange to resume operations and begin repaying creditors. The ruling marks a significant turning point for one of India’s [&#8230;]

WazirX moves to repay users as Singapore court approves recovery plan

Highlights: WazirX has won the Singapore court nod to restart repayments to affected creditors. The revised debt restructuring plan received support from the majority of the creditors. The exchange is planning to return assets in phases as it seeks to [&#8230;]

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