⚖️ Singapore Court Gives WazirX More Time to Restructure
📅 The court has extended WazirX’s moratorium and allowed the exchange to submit new legal arguments for its restructuring plan.
🛡️ This gives WazirX a second shot to recover user funds after last year’s $234.9M hack.
📊 93% of creditors supported the original recovery plan, which aims to return 75–85% of lost assets.
🔄 The exchange is also shifting operations to Panama under Zensui Corp.
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