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WazirX Secures Court Approval for Debt Restructuring Plan
Yahoo Financeยท 2025-10-13 16:34
Embattled crypto exchange WazirX secured court approval for its debt restructuring plan on Monday, allowing the platform to reopen more than a year after hackers stole $234 million in one of the largest cyberattacks in the industry's history. Singapore's High Court sanctioned the plan with modifications after 95.7% of voting creditors, representing 94.6% in value, backed the amended scheme in an August 2025 revote, according to a statement shared with Decrypt. Zettai Pte Ltd., the Singapore-based company ...