
WazirX Restructuring Plan Rejected By Singapore High Court; Crypto Firm to Appeal Decision
WazirX users who lost their funds in the $230 million (roughly Rs. 1970 crore) hack last year, may have to wait longer to receive reimbursements from the crypto exchange. On Wednesday, the High Court of Singapore rejected WazirX’s restructuring scheme, according to an update posted by the exchange on X (formerly Twitter). This restructuring scheme,…