WazirX Awaits Court Ruling to Resume Post-$234M Hack

WazirX Awaits Court Ruling to Resume Post-$234M Hack
This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.

WazirX, the Indian crypto exchange disrupted by a $234M hack, is preparing to resume operations pending a crucial Singapore court ruling on May 13. The exchange has partnered with Zodia and BitGo to bolster security and plans a decentralized exchange as part of its recovery strategy.

  • WazirX's recovery depends on a Singapore court ruling on May 13, 2025, which will decide the approval of its restructuring plan.
  • The exchange has partnered with Zodia Custody and BitGo to enhance security and compliance for user assets.
  • WazirX plans to launch a decentralized exchange (DEX) as part of its strategy to rebuild trust and offer a safer trading alternative.
Related Tags: Binance
Notifications 0