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WazirX eyes comeback from $230 million hack, pending key May 13 court ruling https://t.co/pNavDKufzG
🚨 JUST IN: WazirX confirms it's on track to restart operations following a May 13 court hearing on its restructuring proposal. The crypto exchange says it can resume services and begin compensating affected users within 10 days if Singapore's High Court approves their plan. https://t.co/Wb8NnL3qjY
.@WazirXIndia, the crypto exchange hit hard by a $234.9 million hack in 2024, says it’s gearing up to restart operations and begin creditor payments after a key Singapore court hearing on May 13. By @shauryamalwa. https://t.co/IPf9vI5aBU
WazirX, the cryptocurrency exchange that suffered a $234.9 million hack in 2024, is preparing to resume operations following a critical court hearing scheduled for May 13 in Singapore. The exchange has submitted a restructuring plan that, if approved by the Singapore High Court, would allow WazirX to restart services and initiate payments to creditors within 10 days. This development marks a potential comeback for WazirX, which has been inactive since the security breach. The court decision is being closely watched as it will determine the future operational status of the exchange and the timeline for compensating affected users.
