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WazirX Submits Additional Affidavits in Singapore Court Case
WazirX Submits Additional Affidavits in Singapore Court Case
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WazirX has complied with the Singapore High Court’s request for additional documentation, filing supplementary affidavits by the May 23 deadline. The exchange’s restructuring plan remains pending approval, with the court extending creditor protection measures until June 6.
The proceedings mark a critical juncture in WazirX’s recovery from a devastating 2024 hack that compromised ₹2,000 crore in user funds. The platform’s proposed restitution plan, which enjoys 93.4% user support, promises to return 85% of affected assets.
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