WazirX customers who misplaced their funds within the $230 million (roughly Rs. 1970 crore) hack final yr, could have to attend longer to obtain reimbursements from the crypto trade. On Wednesday, the Excessive Court docket of Singapore rejected WazirX’s restructuring scheme, based on an replace posted by the trade on X (previously Twitter). This restructuring scheme, based on WazirX, was accredited by a majority of its collectors in April. Nevertheless, the crypto agency has didn’t get the approval of the courtroom, which is required to execute this scheme.
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