Tech
Singapore HC Rejects WazirX Restructuring Plan
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SUMMARY
The company said that it is evaluating all available legal options to appeal the decision
A report suggested that the court’s decision was prompted by WazirX’s failure to disclose details about its Panama-based entity during the restructuring process
WazirX has incorporated Zensui Corporation in Panama to continue its crypto operations without requiring a Singapore licence
WazirX took a major hit after the Singapore High Court rejected a proposed restructuring plan…
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