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93% of WazirX Creditors Greenlight Post-Hack Recovery Plan ► https://t.co/kc13BOOWei https://t.co/kc13BOOWei
.@WazirXIndia has bagged over 93% approval votes from creditors for its proposed Scheme of Arrangement, bringing victims of its $230 million July hack closer to a partial asset recovery. By @shauryamalwa. https://t.co/5ZfplwTUdy
A majority of creditors of the beleaguered crypto exchange WazirX vote in favour of the proposed scheme of arrangement during a process conducted between March 19 and March 28. @AjinkyaJK #WazirX #cryptotrading #cryptocurrency https://t.co/Q8yddT3OCW
WazirX, the beleaguered cryptocurrency exchange, has received overwhelming support from its creditors for a restructuring plan following a $234 million hack last year. More than 90% of voting creditors participated in the decision-making process, which took place between March 19 and March 28, 2025. The approval of over 93% of votes indicates a significant step towards partial asset recovery for victims of the hack. The company's press release confirmed the favorable outcome of the vote, which brings hope for recovery to those affected by the incident.
