Dec 11, 02:15 AM

WazirX Parent Seeks Singapore Court Nod for $230M Asset Recovery Plan

Zettai, the parent company of cryptocurrency exchange WazirX, has filed an application with the Singapore High Court seeking permission to convene a meeting of its creditors. The meeting aims to present and vote on a restructuring scheme intended to recover assets lost in a massive cyberattack in July, which resulted in a loss of $230 million. WazirX's efforts are focused on addressing the financial impact of the attack and ensuring recovery for its users.

#Zettai #WazirX #Singapore High Court

Written with ChatGPT (GPT-4o).

Sources

Business Standard@bsindia
2 years ago
Zettai, the parent firm of embattled crypto exchange WazirX, has filed an application with the Singapore High Court seeking permission to convene a meeting of its creditors. @AjinkyaJK #WazirX #CryptoNews https://t.co/KwHoRKJdKY
IndiaToday@IndiaToday
2 years ago
WazirX, which lost USD 230 million in assets to a massive cyberattack in July, is seeking Singapore High Court's nod to a restructuring scheme for its users to recover their stolen assets, its parent firm Zettai said. @Sreya_Chattrjee #News https://t.co/k9MmvbIcac
Economic Times@EconomicTimes
2 years ago
#TexmacoRail moves #NCLT to restore #insolvency plea against #DelhiAirportMetroExpress https://t.co/mGFKv8bJXw

WazirX Parent Seeks Singapore Court Nod for $230M Asset Recovery Plan

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