Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’

Publikováno: 24.8.2024

#Exchanges #community #Crypto #Cryptocurrency #cyberattack #ERC-20 #INR withdrawals #legal avenues #Nischal Shetty #platform #restructuring #Singapore Scheme #stolen assets #Wazirx

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Wazirx Defends Restructuring Decision — Founder Assures 'Not Bankruptcy or Liquidation'

Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft of over $230 million. The company emphasized that this approach is the quickest and most legally sound way to address these challenges. “This is not bankruptcy or liquidation since that will take several years,” […]