WRX Token Price Plunges 39% as WazirX Shifts to Panama
4 Articles
4 Articles
WazirX to Relocate to Panama After Singapore Rejects Restructuring Plan - CryptoShrypto
WazirX, a cryptocurrency exchange serving Indian users but based in Singapore, is moving its operations to Panama after a Singapore court refused to approve the company’s restructuring plan. The decision was confirmed in a recent email sent to WazirX users, which included redacted legal documents outlining the transition. According to the documents, WazirX’s parent company, Zettai, has established a new Panamanian subsidiary named Zensui Corpora…
WazirX Shifts Base to Panama After Court Ruling
Singapore-based WazirX is shifting its base to Panama after local courts ruled against its restructuring plan. The crypto exchange announced the court’s decision via a post on X on 4 June 2025. In an email shared with its user base, WazirX detailed recently redacted documents revealing Zettai, WazirX’s parent company, will move to Panama and rebrand itself in the region. The document read, “Zettai has taken steps to incorporate a subsidiary, Zen…
WazirX Moves to Panama After Judicial Failure The WazirX cryptoexchange platform has decided to move its operations from Singapore to Panama, and it does so under a new name: Zensui.This decision comes after a court decision that has changed the direction of the company and generated a great interest in the crypto community.With this movement, WazirX seeks to adapt to a more flexible and favorable environment in the vibrant crypto world.The Swit…
WRX Token Price Plunges 39% as WazirX Shifts to Panama
After suffering a $235M hack nearly a year ago, the WRX token price is at its worst performance since its launch. The popular Indian-focused crypto exchange WazirX became the victim of North Korea’s Lazarus Group and is now facing certain setbacks as the Singapore court rejected its restructuring plan. Amid this, they have quietly shifted The post WRX Token Price Plunges 39% as WazirX Shifts to Panama appeared first on CoinGape.
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