It will be a year in two months since the $235 million WazirX hack took place. And the exchange still doesn’t have a clear solution for its creditors. As the Singapore High Court rejected its proposed restructuring scheme, the WazirX hack saga is back to square one, with creditors wondering
A wave of excitement and fear at the same time can be witnessed in the users of WazirX as the Singapore High Court is going to review the recovery plan of the exchange on May 13, 2025. If the plan is approved, this move will be the first actual step
In a major blow to WazirX users, the Supreme Court has dismissed a criminal writ petition filed by 54 individuals seeking action against the crypto exchange and its co-founder Nischal Shetty over last year’s massive $230 million (₹2,000 crore) crypto hack. The court made it clear that it isn’t the
WazirX has gotten massive support from its users for a recovery plan after it lost more than $230 million in a hack. Over 93% of voting users voted “yes” for the plan, and they account for around 94.6% of the total amount involved in the claims. 2024 WazirX Hack recovery
