Technology
December 10, 2024
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WazirX Hack: Zettai Requests Court Approval to Present Restructuring Plan for Creditor Vote

Zettai, the Singapore-registered entity overseeing the WazirX crypto exchange in India, is seeking to engage with its creditors following the July hack that resulted in losses exceeding $230 million (roughly Rs. 1,900 crore). In response to the incident, Zettai began developing a financial restructuring plan under the supervision of the Singapore High Court. In a […]