WazirX News: Singapore Court Grants Moratorium Extension

WazirX Secures Court Extension After $234M Hack

Following the latest industry reports, WazirX has just secured a court extension from the Singapore High Court to adjust and resubmit its court supervised restructuring plan. This is almost a year after the hack where $234 million was stolen and over 400,000 users were locked. The platform has since been under legal and regulatory pressure. This latest court extension shields WazirX from creditor lawsuits and gives it another chance to prevent l…

Singapore HC Permits WazirX to Rework Debt Repayment Plan

The Singapore High Court (HC) has permitted cryptocurrency platform WazirX to present further arguments in court in relation to paying back its users, as per a TradingView report. The HC has also extended the moratorium shielding the company from creditors’ lawsuits until all arguments are heard in court. This latest development comes in the wake of the same court rejecting the cryptocurrency exchange’s previous debt repayment plan earlier this …

Singapore Court Hears WazirX – HC/OA 1284/2024 Is Extended - Bitcoinsensus

Singapore Court hears WazirX – HC/OA 1284/2024 is extended, and the company is permitted to present additional arguments for its application for the Scheme of Arrangement. WEEX is currently running one of the strongest welcome offers out there: 20% deposit bonus & Up to $30K in trading rewards. If you’re going to trade anyway, why not get rewarded like this? More on the Ongoing WazirX Case Updates It is worth recalling that WazirX is one of the …

WazirX News: Singapore Court Grants Moratorium Extension

Indian crypto exchange WazirX breathes a sigh of relief as the Singapore Court extends its moratorium. After an initial setback, WazirX gets a second chance as the court grants permission to submit additional arguments for its restructuring plan. Singapore Court Offers WazirX a Lifeline, Extends Moratorium In the latest WazirX news update, the Singapore court The post WazirX News: Singapore Court Grants Moratorium Extension appeared first on Coi…

Hacked Crypto Exchange WazirX Gets More Time to Restructure After Court Ruling

The exchange's crypto operations are reportedly moving to Panama as part of its restructuring, ahead of Singapore’s June 30 deadline.