5 hours ago
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 [...]
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