WazirX News: Debt Restructuring Plan Gains Support, User Funds Recovery Imminent?

WazirX News: The defunct Indian cryptocurrency exchange has recently made a monumental stride by forging ahead with its debt restructuring plans following a cyber attack last year. On Monday, April 7, the CEX passed the Scheme of Arrangement plan proposed by its parent company, Zettai Pte Ltd. Notably, the scheme of arrangement is a debt restructuring plan filed with the Singapore High Court for recovering users’ funds impacted by an exploitation attack last year.