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WazirX Close to Obtaining Legal Approval, Court Plans to Approve Resumption of Trading

Summary: According to reports, India's largest cryptocurrency exchange, WazirX, is on the verge of resuming trading as it awaits court approval following a successful restructuring plan. The restructuring plan has received overwhelming support, with 95.7% of voting creditors casting their approval, marking a crucial step in addressing the aftermath of the July 2024 hack. The hack ...

According to reports, India's largest cryptocurrency exchange, WazirX, is on the verge of resuming trading as it awaits court approval following a successful restructuring plan. The restructuring plan has received overwhelming support, with 95.7% of voting creditors casting their approval, marking a crucial step in addressing the aftermath of the July 2024 hack. The hack resulted in the theft of $235 million, with a significant portion of the funds flowing to North Korea.

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