13 search results for: wazirx
WazirX revote approved. The Singapore High Court has cleared the stalled debt-resolution plan, giving the crypto exchange another shot at recovery. A new vote is coming. If creditors back the revised proposal, users may finally regain access to their funds. Operations could resume within weeks, led by India-based Zanmai Labs, now tasked with managing payouts. […]
Zanmai Labs takes over WazirX after clearing a key compliance hurdle from Singapore’s Monetary Authority (MAS). The Indian company is now set to regain full control of the crypto exchange’s operations, ending a long period of operational ambiguity and tensions with Binance. The move also follows legal and regulatory milestones tied to WazirX’s post-hack recovery […]
WazirX restructuring 2025 update begins with a crucial shift – the Singapore High Court has granted WazirX additional time to push its revised plan after legal hurdles stalled the original proposal. This move gives the exchange temporary relief from creditor action and allows it to move crypto operations to a newly formed Panama-based entity. While […]