The restructuring plan, filed by WazirX’s parent company, Zettai Pte Ltd, under Singapore’s Companies Act 1967, aims to repay creditors affected by the hack, attributed to North Korea’s Lazarus Group. The plan proposed distributing 75–80% of user funds through cryptocurrency payments and recovery tokens (RTs), which could be traded or held for potential gains from [...]The post Singapore High Court Hearing Is A Make-Or-Break Moment For WazirX appeared first on Tekedia.
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