The beleaguered platform is tied up with a series of challenges including massive liabilities, its dispute with global crypto ...

WazirX held its first creditor meeting on October 15 as part of its restructuring efforts after the July hack but only four ...

WazirX is planning to resume trading on its platform to make its users whole after the crypto exchange was hit by a $230 Mn ...

WazirX plans to launch and distribute recovery tokens to affected users, enabling them to recoup nearly half of their lost assets.

In September, WazirX had said that 55% of user funds could be made available to customers before this dispute is resolved, ...

“It cannot, therefore, be justifiable in law that WazirX went and filed for a legal resolution and restructuring of its assets in Singapore through Zettai Pte Ltd (WazirX’s parent firm) ...

Its parent entity, Zettai Pte, is headquartered in Singapore. To restructure the crypto liabilities of the platform, Zettai Pte filed a moratorium application in Singapore and the plea was granted ...

As part of the Singapore court’s conditions for approving the moratorium, WazirX recently released over 240,000 wallet addresses in a court affidavit filed by its parent Zettai Pte. CoinSwitch ...

The exchange’s holding company, Zettai Pte Ltd, is overseeing the restructuring process to stabilize operations and address outstanding liabilities. “At WazirX, we’ve always believed that transparency ...

WazirX’s parent company, Zettai Pte Ltd, secured a four-month moratorium from the Singapore High Court in August 2024, giving the exchange temporary relief to restructure its finances. However, an ...

This offers an applicant temporary relief from legal proceedings. “It had come to Zettai’s attention that an email intended only for users who had previously indicated their support for the moratorium ...