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Does wazirx have a conditional moratorium?
Why did wazirx get a four-month moratorium?
Why did a Singapore court grant wazirx a four-month moratorium?
Did wazirx file for a moratorium?
2 days ago · The moratorium comes with several key conditions designed to maintain transparency and restore confidence among creditors and users. WazirX must publicly disclose wallet addresses via a court affidavit, respond to user queries raised during court proceedings, release its financial information, including its books of accounts, within six weeks, and ensure that future voting on court applications is conducted through an independent platform, scrutinized by third parties.
2 days ago · September 26, 2024 / 15:17 IST. Representative image. In a relief for hacked crypto exchange WazirX, a Singapore Court has granted it a four-month conditional moratorium that will help it ...
2 days ago · WazirX has been granted a four month moratorium under certain conditions. The Indian cryptocurrency exchange lost $234 million, some 45% of customers' funds, in a hack in July.
2 days ago · The Singapore courts have granted WazirX a four-month moratorium, affirming the company's compliance with the legal and procedural requirements under Section 64 of the Insolvency, Restructuring and Dissolution Act (IRDA). The court noted that WazirX has actively engaged with creditors from the outset of the proceedings. Acknowledging the company's prompt filing for the moratorium, the court emphasised that this action paves the way for a fast, creditor-approved, and legally binding ...
2 days ago · A Singapore court has granted a four-month conditional moratorium to the troubled Indian crypto exchange WazirX following a $234 million hack in July. The court’s decision comes with several stipulations, including the requirement for WazirX to disclose the addresses of its wallets through a court affidavit and to respond promptly to user ...
2 days ago · WazirX, which suffered a massive $234 million hack in July, filed for a six-month moratorium, seeking time to address the fallout from the breach. The court, however, imposed conditions that the ...
2 days ago · WazirX granted four-month moratorium by Singapore court to resolve aftermath of $230 million hack efficiently. SENSEX 85,836.12 + 666.25. NIFTY 26,216.05 + 211.90. CRUDEOIL 5,707.00 -134.00
