WazirX Secures Court Approval for Debt Restructuring Plan
Crypto exchange WazirX has secured court approval for its debt restructuring plan, allowing the platform to reopen after a major cyberattack.
The Singapore High Court sanctioned the plan with modifications after! 95.7% of voting creditors backed the amended scheme.
We are pleased to share that the Singapore Court has sanctioned the Scheme proposed by Zettai in HC/SUM 940/2025 (“SUM 940”) with modification, marking a decisive step forward in the recovery journey.
The approval comes after hackers stole $234 million from the exchange in one of the largest cyberattacks in the industry's history.
Author's summary: WazirX gets court approval for debt plan.