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
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
#TexmacoRail moves #NCLT to restore #insolvency plea against #DelhiAirportMetroExpress https://t.co/mGFKv8bJXw
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.