WazirX Nears Comeback as Singapore Court Sets May Hearing on $234M Restructuring Plan

Quick Summary:

WazirX claims it’s on track to relaunch and distribute payouts pending court approval of its restructuring plan following last year’s hack.

Crypto exchange WazirX logo on smartphone.

It added that, if approved by the court, its first distribution and relaunch will occur within 10 business days of the scheme's effective date.

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Article Details

Author / Journalist: Callan Quinn

Category: Crypto

Markets: EstoniaIndiaNorth KoreaSingapore

Topics: Hacks Law and Order Legal Singapore Theft Law Wazirx

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 04:53:06 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 448 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 28129895

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 6 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 9 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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