Catenaa, Sunday, June 08, 2025- The Singapore High Court has rejected WazirX’s proposed restructuring plan, dealing a blow to the embattled crypto exchange’s efforts to recover from a $230 million exploit linked to North Korea’s Lazarus Group. WazirX confirmed the court’s decision on Wednesday, stating that it is now weighing its legal options and may […]
Catenaa, Saturday, April 26, 2025-WazirX, the embattled Indian crypto exchange crippled by a $234.9 million hack last year, is nearing a potential comeback as the Singapore High Court sets a May 13 hearing to rule on its proposed restructuring and creditor compensation plan. The court will decide whether to sanction the Scheme of Arrangement submitted […]
Catenaa, Thursday, February 06, 2025 – Indian cryptocurrency exchange WazirX warned Tuesday that repayments from its $234 million hack could be delayed until 2030, depending on the outcome of its restructuring plan. The exchange outlined two possible scenarios: If creditors approve the restructuring, repayments will follow a structured plan with potential profit-sharing benefits. If rejected, […]