Key Notes

Singapore’s ACRA approved the restructuring plans for WazirX India, after 95% creditor approval.

The court-sanctioned plan allows WazirX users to regain access to frozen funds through a combination of crypto, cash distributions, and Recovery Tokens (RTs).

Eligible users will get a pro-rata share of the platform’s future revenue, recovered stolen funds, and potential profits.

The Singapore exchange has officially cleared the restructuring plan for defunct Indian crypto exchange WazirX, which suffered a massive $240 million hack in July 2024.

Company founder Nischal Shetty confirmed that they would kickstart operations within 10 working days.

Singapore’s ACRA Approves WazirX Restructuring Plan

Indian crypto exchange WazirX is set to resume operations within the next 10 busin

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