Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances

Publikováno: 28.8.2024

#Exchanges #Binance #Crypto #Cryptocurrency #cyberattack #high court #Insolvency #liabilities #moratorium #recovery #restructuring #Scheme of Arrangement #Singapore #Singapore High Court #unsecured creditors #Wazirx #Withdrawals #Zettai

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Wazirx Files for Moratorium in Singapore Court to Address Users' Crypto Balances

Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Dissolution Act to address users’ crypto balances. The move aims to provide a 30-day relief period for Wazirx to reorganize liabilities through a scheme of arrangement. The Singapore court will determine the duration of […]