WazirX Hearing Rescheduled to July 15: Singapore Court Grants Restructuring Reprieve

The Singapore High Court has deferred WazirX's pivotal hearing to July 15, 2025, granting the embattled exchange additional time to present restructuring arguments. This procedural shift follows judicial approval for supplementary submissions, with a reserve date set for July 16 should deliberations require extension.

Market observers note the rescheduling from the original July 10-11 dates signals judicial willingness to consider rehabilitation proposals. The court has mandated document filings prior to proceedings, though WazirX maintains confidentiality regarding specific evidentiary materials.

While procedural developments suggest measured progress, unresolved questions persist regarding the platform's $234 million security breach. User funds remain inaccessible as the exchange navigates dual challenges of legal restructuring and reputational recovery.