Singapore HC rules to allow WazirX roll out scheme to distribute assets to affected users

Quick Summary:

The decision comes days after the Indian crypto exchange froze the first tranche of assets stolen in the July 2024 cyberattack.

Zettai is the parent entity of Zanmai Labs, which operates WazirX in India.

The creditors’ meeting will be held online soon followed by electronic voting of the scheme, the company confirmed.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: IndiaSingapore

Topics: Wazirx Zettai Affected Meeting Assets Users Policy Process Scheme Exchange Privacy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 14:30:09 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 334 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 25370619

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