Singapore Court Approves WazirX Plan: Users to Recover 55%
The post Singapore Court Approves WazirX Plan: Users to Recover 55% appeared first on Coinpedia Fintech News
The Singapore High Court has approved the restructuring plan for Indian crypto exchange WazirX. This decision allows users to recover up to 55% of the $235 million lost in a July 2024 hack. Following months of legal challenges, including an earlier rejected plan and a revote with 95% creditor support, payouts in USDT equivalent are expected within 10 business days. The move brings significant relief to WazirX’s 16 million mainly Indian users amid ongoing recovery and regulatory efforts.
BNB Price Rockets Past $1,370, Is Another ATH Possible?
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Bittensor TAO Price Teases Weekly Breakout as Grayscale Interest Sparks Recovery
The post Bittensor TAO Price Teases Weekly Breakout as Grayscale Interest Sparks Recovery appeared f...
Sheikh Maktoum Declares Dubai World Leader in Licensed Virtual Assets
The post Sheikh Maktoum Declares Dubai World Leader in Licensed Virtual Assets appeared first on Coi...