BEAMSTART Logo

HomeNews

WazirX News: Debt Restructuring Plan Gains Support, User Funds Recovery Imminent?

CoinGape LogoCoinGape15h ago

WazirX News: Debt Restructuring Plan Gains Support, User Funds Recovery Imminent? - CoinGape

Quick Summary:

WazirX News: The defunct Indian cryptocurrency exchange has recently made a monumental stride by forging ahead with its debt restructuring plans following a cyber attack last year.

On Monday, April 7, the CEX passed the Scheme of Arrangement plan proposed by its parent company, Zettai Pte Ltd.

The platform’s colossal user base is finally set to receive lost funds after nearly a year of the attack on the platform, presenting as an optimistic news for the exchange’s community.


More Pictures

WazirX News: Debt Restructuring Plan Gains Support, User Funds Recovery Imminent? - CoinGape (Picture 1)

or

Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 10:18:51 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 379 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27649003

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 33 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "WazirX News: Debt Restructuring Plan Gains Support, User Funds Recovery Imminent?" has 379 words across 34 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "WazirX News: Debt Restructuring Plan Gains Support, User Funds Recovery Imminent?" was covered 15 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 33 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27649003
  • URL: https://beamstart.com/news/wazirx-news-debt-restructuring-plan-17440216186505

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.