Tuesday, 14 October, 2025
Singapore Court Approves WazirX’s $230M Recovery Plan After Major Hack
The Singapore High Court approved WazirX's restructuring plan following the $234 million hack in July 2024. The revised scheme, supported by 95.7% of creditors, includes a 16-week moratorium and a recovery token distribution offering up to 85% of lost funds. Operations are set to resume within 10 business days, with Zettai Pte Ltd managing the recovery process.
Read full story at Money Control