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

  • Radhika Parashar, Siddharth Suvarna--Gadgets360.com
  • published date: 2024-12-20 13:53:15 UTC

Zettai stated that it is awaiting Singapore Court approval to present its restructuring plan to creditors. It added that if the plan is not approved, WazirX’s only remaining option would be liquidation.

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 schem… [+3435 chars]