Aug 20, 2025
WazirX Creditors Back $234M Recovery Plan, Await Court Green Light
ExchangesbitcoinblockchainCourt CaseCryptoDigital AssetsethereumhackRecovery PlansecuritySingaporeWazirx
TLDR: 95.7% of WazirX creditors voted for the amended recovery plan, showing strong backing after the $234M hack. Voting involved 149,559 creditors representing over $206M in approved claims across the platform. Independent verification confirmed results before submission to the Singapore Court for sanction. If sanctioned, WazirX plans to restart operations and begin distributions within 10 [...]
The post WazirX Creditors Back $234M Recovery Plan, Await Court Green Light appeared first on Blockonomi.
Source: Blockonomi →Related News
- 1 hour ago
The Fusaka Upgrade Is Capping Ethereum’s Biggest Transactions: Here’s Why
- 1 hour ago
Analyst Sounds Alarm: Ethereum Could Unwind To $2,850
- 2 hours ago
30,000,000 XRP Bought by Whales in Just One Day: What’s Coming Next?
- 2 hours ago
Crypto Builder Echo Gets Scooped Up by Coinbase for $375M Expansion Move
- 2 hours ago
Fed’s “Skinny Master Account” Plan Could Redefine Crypto’s Banking Future