Singapore HC Greenlights WazirX’s Restructuring Plans

Singapore High Court has permitted WazirX’s parent Zettai to convene a scheme meeting with the users of the cryptocurrency exchange

The decision paves the way for the exchange, which lost crypto assets worth about $235 Mn last year due to a security breach

As part of the proposed scheme, WazirX will release liquid assets worth $284 Mn and issue recovery tokens to all its users

Singapore High Court has permitted WazirX’s parent Zettai to convene a scheme meeting with the users of the cryptocurrency exchange. 

The…