The Singapore High Court has approved WazirX’s revised restructuring plan following the $234 million hack in 2024. The ruling enables the exchange to restart operations and repay over 150,000 users through recovery tokens. The hack, traced to North Korea’s Lazarus Group, forced a halt in withdrawals. The decision marks a key step toward restoring market confidence and platform activity.
Tech
Singapore Court Approves WazirX Restructuring Plan Following $234 Million Hack
by aweeincm1
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